Iran seeks to imports 500MW of electricity from Azerbaijan
Baku, Azerbaijan, Feb. 27
By Fatih Karimov - Trend:
Iran seeks to imports 500 megawatts (MW) of electricity from Azerbaijan, Iran's deputy energy minister Houshang Falahatian said.
Falahatian said Iran has officially put in a request to import 500 megawatts of electricity from Azerbaijan to prevent from power deficit during summer, Iran's Fars news agency reported on Feb. 27.
If the peak of consumption reaches 52,000 megawatts in summer, we will face serious problems to meet demands, but if the peak of consumption remains about 51,000 megawatts the country will not face power outage, he said.
According to the Iran's Energy Ministry's annual report, the country produced 263 billion kilowatt hours (KWh) of electricity, while it exported above 11.7 billion KWh and imported 3.7 billion KWh during the last fiscal year, ended on March 20, 2014.
The Islamic Republic currently trades power with Turkey, Azerbaijan, Armenia, Turkmenistan, Pakistan, Afghanistan, and Iraq.
Tehran 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.