Baku, Azerbaijan, Nov. 19
By Khalid Karimov - Trend:
Pakistan is keen to increase electricity import from Iran, according to Pakistan's Ambassador to Tehran Nour Mohammad Jadmani.
He also said that Iran-Pakistan economic relations need expansion, Radio Pakistan reported Nov. 19.
Addressing a meeting to study grounds for economic cooperation between Iran's South Khorasan province and Pakistan Birjand, he said successful talks between Tehran and Group 5+1 have prepared grounds for expansion of bilateral cooperation.
Jadmani said that $1.2 billion is the trade exchange level between Iran and Pakistan, which should reach to five billion dollars considering appropriate conditions.
He added that his country intends to import electricity from Iran for Pakistan's Balochistan province.
According to latest weekly report released by Iran's Energy Ministry, Iran exported 6.539 billion kWh of electricity during a period from March 21 to Nov. 6 (eight months and 15 days of Iran's current fiscal year) while it imported 2648 million kWh.
Tehran is currently trading electricity with Armenia, Pakistan, Turkmenistan, Turkey, Azerbaijan, Iraq and Afghanistan.
According to the latest annual report, Iran exported 11.774 billion kWh in a fiscal year corresponding 2013, of which 3.5 percent was sold to Pakistan.
Iran's annual electricity export will reach 25 billion kilowatt hours based on the sixth five-year national development plan which will be implemented from 2016 to 2021, Arash Kordi, the managing director of Iran Power Generation and Transmission Company (TAVANIR) said, the official IRIB news agency reported Nov. 15.