Iran to export electricity to Lebanon

Oil&Gas Materials 20 November 2012 10:44 (UTC +04:00)

Azerbaijan, Baku, Nov.20/ Trend F.Milad/

Iran will start exporting electricity to Lebanon in the near future, Iranian Energy Minister Majid Namjou said on Tuesday.

"Exporting electricity to Lebanon is one of the energy ministry's top priorities," Namjou said.

India will also build a new power plant in Iran in order to import electricity from the country, Namjou said on Nov.18.

"Iran plans to export 6,000 megawatt hours of electricity to India and Pakistan," he said .

The proposed power plant has the capacity to produce 6,000 megawatt hours of electricity. India will import 4,000 megawatt hours and some 2,000 megawatt hours will be exported to Pakistan.

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), Namjou added.

The Energy Ministry plans to increase 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 Feb.7.

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