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Iran electricity exports on the rise

Iran Materials 28 November 2011 16:17 (UTC +04:00)

Azerbaijan, Baku, Nov.28 / Trend F.Milad/

Iran exported over 5330 gig watt hours of electricity to its neighbouring countries since the beginning of the current Iranian calendar year (March 21, 2011), showing a 23 per cent rise in comparison to the same period last year.

The deputy Iranian energy minister has predicted that the country's value of electricity exports would hit $1 billion by the end of the current calendar year.

The Mehr news agency quoted Mohammad Behzad as saying that three billion dollars' worth of technical and engineering services will be also exported by the yearend.

"Iran currently sells electricity to Turkey, Armenia, Turkmenistan, Azerbaijan, Pakistan, Afghanistan and Iraq," he said.

By the end of the fifth national development plan (2015) Iran will boost its electricity generation capacity by 25,000 megawatts, Energy Minister Majid Namjou said in October.

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