...

Iran to increase electricity output, transmission by 8%

Business Materials 8 November 2014 14:49 (UTC +04:00)

Tehran, Iran, Nov. 7

By Milad Fashtami - Trend:

Iranian Energy Minister Hamid Chitchian said that the country plans to increase its production and transmission capacity by 7-8 percent.

"Iran's output capacity has been averagely increased by 5,000 megawatt in the past few years," he said, Iran's Mehr News Agency reported on Nov. 7.

He went on to note that Iran's electricity generation capacity was increased by 33,000 megawatt in the past 5 years.

"We also plan to convert several gas plants with the total production capacity of 16,000 megawatt to combined cycle plants," the Iranian minister said.

"A number of combined cycle pants with the total production capacity of 8,000 megawatt are currently under construction," Chitchian added.

He went on to say that Tehran currently exports technical and engineering services in the fields of water and electricity to 20 countries around the world.

Head of The Energy Commission of Iran's Parliament (Majlis) Ali Marvi said on October 27 that the energy ministry needs to double the country's production and transmission capacity every 9 years.

Marvi also said that the efficiency of Iranian power plants is only 37 percent, while the figure stands at 80 percent in developed countries.

"Transmission and distribution losses amount to 15 percent in Iran," he said. "The global average is around 10 percent," he added, noting that the energy ministry needs to find solutions to reduce the figure."

Marvi went on to note that by increasing the power plants' efficiency, Iran would annually save 11 billion liters of liquid fuel, worth 4 billion euros.

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

The country's production capacity has surpassed 70,000 megawatt (263 billion Kwh).

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

Latest

Latest