Baku, Azerbaijan, Nov. 26
By Rahim Zamanov - Trend:
Iran traded 1864 megawatts (MW) of electricity with its neighbouring countries on November 25, the IRNA News Agency reported.
The country exported 1665 MW of electricity to Afghanistan, Iraq, Pakistan, Armenia and Turkey. It also imported 199 MW of electricity from Armenia and Turkmenistan on the same day.
Deputy Energy Minister Sattar Mahmoudi said earlier this month that Iran annually exports eight billion kilowatt hours of electricity to neighbouring countries.
"The figure is about three per cent of the country's total output," the ILNA News Agency quoted Mahmoudi as saying.
Iran is currently among the world's top countries with regard to electricity control and transmission," he said.
Mahmoudi went on to note that Iran's production capacity has surpassed 70,000 megawatt hours.
"Iran has electricity ties with all its neighbouring countries," he said, adding that Tehran eyes to export electricity to Europe via Armenia, Russia and Azerbaijan.
"Iran has the potential to become an electricity hub for the region," he concluded.
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.
The country currently trades power with Turkey, Armenia, Turkmenistan, Azerbaijan, Pakistan, Afghanistan, Syria, and Iraq.