Iran trades 1.664GW of electricity with neighbors on Thursday

Oil&Gas Materials 13 April 2013 11:37 (UTC +04:00)

Azerbaijan, Baku, April 13/ Trend G.Mehdi/

Iran traded 1.664 gigawatts (GW) of electricity with its neighboring countries on Thursday, the Fars News Agency reported.

The country exported 1.283 GW of electricity to Afghanistan, Iraq, Pakistan, Armenia, and Turkey, while imported 381 megawatts (MW) of electricity from Armenia and Turkmenistan.

Iran has constructed power plants twice as many as the average number of power plants which have been constructed in the world during the past decade, the Mehr News Agency quoted Deputy Energy Minister Mohammad Behzad as saying.

The power generation capacity in Iran has grown by 7 percent annually during the past 10 years, he said, adding that the figure has averaged 3.5 percent in the world.

The country's power generation capacity is currently at 68.38 gigawatts, he added.

Iran currently trades power with Turkey, Armenia, Turkmenistan, Azerbaijan (including Nakhchivan Autonomous Republic), Pakistan, Afghanistan, Syria, and Iraq.

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.