Private sector to build two power plants in Tehran province
Tehran, Iran, Oct. 19
By Milad Fashtami - Trend:
The private sector plans to construct two new power plants in Varamin city in central Tehran province.
The managing director of Tehran Regional Electric Company, Seyed Zaman Hosseini, said that the power plants' electricity generation capacity would be 500 Megawatt, Iran's Fars News Agency reported October 19.
"Each power plant is expected to come on stream at the cost of 250,000 euros," he explained.
"The construction operation will take five or six years," Hosseini noted.
Iran seeks to become a major regional exporter of electricity and has attracted more than $1.1 billion investments for the construction of three new power plants.
The country currently trades power with Turkey, Armenia, Turkmenistan, Azerbaijan, Pakistan, Afghanistan, Syria, and Iraq.
Deputy Energy Minister Sattar Mahmoudi said in November 2013 that Iran annually exports 8 billion kilowatt hours of electricity to neighboring countries.
"The mentioned figure is about 3 percent of the country's total output," the ILNA News Agency quoted Mahmoudi as saying.
"Iran is currently among the world's top countries in regards to electricity control and transmission," he said.
"Iran has ties with all neighboring countries in the area of electricity," he said, adding that Tehran eyes to export electricity to Europe via Armenia, Russia, and Azerbaijan.
"Iran has the potential to become an electricity hub in the region," he concluded.
Iran's production capacity has surpassed 71,000 megawatt hours.