Iran after new power trade with Azerbaijan
Tehran, Iran, Nov. 6
By Mehdi Sepahvand – Trend:
Iran is working on some plans for new power export to its northern neighbor Azerbaijan, according to a source in Iran Grid Management Company.
Speaking to Trend Nov. 6, the source said the plan is underway by TAVANIR (the Iranian company responsible for managing production and distribution of power), declining to provide further details.
Iran's electricity exports rose nearly 25 percent in the first six months of the current fiscal year (March 21-Sept. 22) from the same period of a year ago.
Around 5.16 million kilowatt hours of electricity was exported to neighbors in six months compared to 4.14 million kWh in the first half of the previous fiscal year, up more than 1 million kilowatt hours.
Under swap deals, Iran exports electricity to neighboring countries, including Azerbaijan, in winter and imports it when domestic demand soars in summer.
The country trades electricity with four neighbors on its northwestern and western borders, namely Azerbaijan Republic (including Nakhchivan Autonomous Republic), Turkey, Armenia and Iraq.