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Iran can export $10B electricity

Business Materials 11 March 2016 08:15 (UTC +04:00)
Iran has the capacity to export worth $10 billion electricity per year in short term, Chairman of Iran Electrical Industry Syndicate Alireza Kolahi said.
Iran can export $10B electricity

Tehran, Iran, March 11

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.

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.

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