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Iran to construct new power plants in 5 years

Business Materials 11 October 2014 17:30 (UTC +04:00)

Tehran, Iran, Oct. 11

By Milad Fashtami - Trend:

Iran plans to construct some new power plants with the generation capacity of 30 megawatt hours of electricity in the next 5 years.

Iran's Energy Minister Hamid Chitchian said the launching of the mentioned power plants will significantly boost the country's electricity sector, IRNA news agency reported Oct. 11.

He went on to note that the ministry is seeking to invest more in the renewable energy sector.

Chitchian made the remarks in the opening ceremony of Zanjan city's second power plant.

The plant has the total generation capacity of 1,000 megawatt.

It has two combined cycle units. By inauguration of the first phase of the plant, some 500 megawatt was added to the country's electricity generation capacity.

Iran's production capacity has surpassed 71,000 megawatt hours.

Iran wants to become a major regional exporter of electricity and attracted more than $1.1 billion investments for construction of three new power plants.

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

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