Iran can export $10B electricity
Tehran, Iran, March 8
By Mehdi Sepahvand - Trend:
Iran has the capacity to export worth $10 billion electricity per year in short term, Chairman of Iran Electrical Industry Syndicate Alireza Kolahi said.
In the long run, the country can materialize the export of worth $30 billion electric power a year, he added, SHANA news agency reported March 8.
He went on to call for an investment of 150 trillion rials ($5 billion, for each dollar being worth about 30,000 rials), as well as paying a debt of 300 trillion rials by the Ministry of Energy which dates back to former president Mahmoud Ahmadinejad's administration.
Energy Minister Hamid Chitchian said in September the ministry owes 155 trillion rials for electricity and 50 trillion for hydroelectric power plants to the private sector and contract partners.