Baku, Azerbaijan, March 6
By Umid Niayesh - Trend:
Iran exported 10.793 billion kilowatt hours of electricity to neighbouring countries during the first 11 months of the current Iranian calendar year which started on March 21, 2013, Iranian Fars news agency reported on March 6.
The figure indicates a five percent increase in comparison to the same period of last year.
Iran also imported 3.507 billion kilowatt hours of electricity from neighbouring countries during the current year's 11-month period which indicates a fall of five percent compared to the same period of the preceding year.
The country exported 11 billion kilowatt hours of electricity to neighbouring countries in last Iranian calendar year (ended March 21, 2013).
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 eight billion kilowatt hours of electricity to neighbouring countries.
"That figure is about three 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 S.M.