Iran's electricity exports grow 37 per cent

Iran Materials 3 May 2012 13:59 (UTC +04:00)

Azerbaijan, Baku, May 4/Trend M. Moezzi

So far this year, Iran's electricity exports to its neighbours are 37 per cent greater than last year.

Since the Iranian year started on March 20, Iran has sent neighbouring countries more than a thousand gig watts (GW) of power compared to 833 GW during the same time period last year, Fars news agency reports.

Iran trades electricity with Armenia, Pakistan, Turkmenistan, Turkey, the Republic of Azerbaijan, the Nakhchivan Autonomous Republic, Iraq and Afghanistan. It plans to add Syria and Lebanon to its list of electricity customers.

Because of its targeted subsidies programme which removed aid for energy and some commodities, Iran's own power consumption dropped about 10 per cent last year. Lower domestic demand has freed up more electricity to export.