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‘Iran’s electricity exports to four neighboring countries up by 40%’

Press TV – May 26, 2012

An Iranian Energy Ministry official says Iran’s electricity exports to four neighboring countries have increased by 40 percent since the beginning of the current Iranian calendar year (started March 20, 2012).

Abdolhamid Farzam, the Energy Ministry official in charge of foreign exchanges, said Sunday that Iran’s power exports to Afghanistan, Pakistan, Iraq and Turkey have seen a major boost in the past two months.

The official stated that new power transfer lines and installations have become operational for exporting electricity to Iraq, raising Iran’s electricity exports to its western neighbor to 1,200 megawatts (MW).

Farzam added that electricity exports to Pakistan have been more than doubled in the same period, saying Iran’s capacity to export electricity to Pakistan has increased from 30 MW in winter to 70 MW right now.

He said Iran is exporting an average of 30 MW of electricity to Afghanistan, while power exports to Turkey have increased from 110 MW to more than 170 MW.

The official stated that Iran will increase its power export capacity to Turkey to 500 MW in the next few days.

On May 10, Iran’s Energy Ministry published a report saying that the country’s electricity exports to its neighboring countries have increased by more than 38 percent since the beginning of the current Iranian calendar year compared to the previous year.

The report added that Iran has exported a total of 1,347 gigawatts per hour (GW/h) of electricity to the neighboring countries during the aforementioned period, up by 38.57 percent compared to the previous Iranian calendar year (ended March 19, 2012).

Iran, which seeks to become a major regional exporter of electricity, has attracted more than USD 1.1 billion in investment to build three new power plants.

May 26, 2012 - Posted by | Economics | , , , , ,

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