Iran trades 1,784 MW of electricity with neighboring countries

Oil&Gas Materials 28 February 2014 19:14

Baku, Azerbaijan, Feb. 28

By Umid Niayesh - Trend:

Iran traded 1,784 megawatts of electricity with its neighboring countries on Feb. 27, the country's IRIB news agency reported on Feb. 28.

Iran exported 1,506 MW of electricity to Afghanistan, Iraq, Pakistan, Armenia, and Turkey.

The country also imported 278 MW of electricity from Armenia and Turkmenistan on the same day.

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

The country 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.

Deputy Energy Minister Sattar Mahmoudi said in November 2013, that Iran annually exports 8 billion kilowatt hours of electricity to neighboring countries.

"The mentioned figure is about 3 percent of the country's total output," the ILNA News Agency quoted Mahmoudi as saying.

He remarked that Iran eyes to export electricity to Europe via Armenia, Russia, and Azerbaijan.

Mahmoudi went on to note that Iran's production capacity has surpassed 70,000 megawatt hours.

Edited by C.N.