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Iran’s electricity exports up by some 43 percent

Iran Materials 4 April 2012 16:19 (UTC +04:00)

Azerbaijan, Baku, Apr. 4/ Trend F.Milad/

Iran exported some 9.4 gigawatt hours of electricity since the beginning of the current calendar year (March 20), which is about 43 percent rise compared to the same period last year, IRNA news agency reported on Wednesday.

The Subsidy Reform Plan has decreased electricity consumption in Iran and has provided the ground for boosting exports to neighboring countries, the report said.

The Energy Ministry of Iran has prepared plans to increase electricity generation capacity of national power plants by 5 gigawatts in the current calendar year, which began on March 20, deputy energy minister Mohammad Behzad said.

"Over 10,000 megawatts should be added to the generation capacity of hydroelectric and thermal power plants by August 2013," Mohammad Behzad added, Fars news agency reported on Tuesday.

By the end of the Fifth Five-Year Economic Development Plan (2015), Iran will boost its electricity generation capacity by 25GW to reach 73GW, Energy Minister Majid Namjoo said on February 7.

The country's installed power generation capacity is currently about 64GW, he added.

Iran currently exchanges electricity with Turkey, Armenia, Turkmenistan, Azerbaijan, Pakistan, Afghanistan and Iraq.

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