Iran to export 6,000 MW of electricity to India and Pakistan

Oil&Gas Materials 10 October 2012 10:49 (UTC +04:00)

Azerbaijan, Baku, Oct.10/ Trend F.Milad/

Iran plans to export 6,000 megawatt hours of electricity to India and Pakistan, Iranian Energy Minister Majid Namjou said in New Delhi.

Namjou made the statement after a meeting with Indian Power Minister Moodbidri Veerappa Moily in New Delhi on Tuesday, IRNA reported.

According to Namjou, technical teams from Iran and India will hold meetings to draw up plans for the export of 4,000 megawatt hours of electricity to India and 2,000 megawatt hours to Pakistan.

During the meeting, the two sides also highlighted the need to expand bilateral cooperation in the energy sector.

Namjou, who is on a four-day official visit to India at the invitation of the country's New and Renewable Energy Ministry, arrived in New Delhi on Monday.

The Iranian Energy Ministry announced on Sept. 11 that the country had exported a total of 5,290 gigawatt-hours of electricity to neighboring countries since the beginning of the current Iranian calendar year (started March 20, 2012), which was a 46-percent rise compared to the previous year.

Iran seeks to become a major regional exporter of electricity and has attracted more than $1.1 billion in investments for the construction of three new power plants.

Iran's installed power generation capacity is currently about 67 gigawatts (GW), Energy Minister Majid Namjou said.

The Energy Ministry plans to increase the electricity generation capacity by 5GW this calendar year, which ends on March 20, 2013.

Last year, Iran exported 8.6 billion kilowatt hours of electricity to its neighboring countries and the figure is projected to hit 10 billion kilowatt hours, he noted.

By the end of the Fifth Five-Year Economic Development Plan (March 2016), Iran will boost its electricity generation capacity by 25GW to ?reach 73GW, Namjou said on February 7.

Iran currently trades power with Turkey, Armenia, Turkmenistan, Azerbaijan, Pakistan, Afghanistan, ?and Iraq.