Iran building 10,830 MW power plant capacity

Business Materials 24 October 2016 20:38 (UTC +04:00)

Tehran, Iran, Oct. 24

By Mehdi Sepahvand – Trend:

Iran is building 10,830 megawatts power plant capacity, said Energy Minister Hamid Chitchian in an international conference in Tehran.

“These include thermal, hydroelectric, DG (distributed generation), and renewable energy power plants,” he said, IRIB news agency reported October 24.

Over the past three years, some 6,000 megawatts of power has been added to the country’s output, he said.

Iran says the country needs $25 billion worth of investment in power sector (including grid expansion, distribution sector, etc.) for realizing an annual 5.5-percent growth by 2021.

According to an Energy Ministry document obtained by Trend, Iran is preparing to increase its nominal power generation capacity to 91.254 GW by March 2020, now at 76,000.

Chitchian noted that in the meantime, his ministry managed to lower peak consumption by 3,000 megawatts by managing distribution.

Also, he said, distribution loss was lowered from 15 to 11 percent.

On new energy, he said in four years at least 400 megawatts will be added to Iran’s renewable energy output.