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Iran to raise electricity exchange with neighboring countries by 50%

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  • Iran to raise electricity exchange with neighboring countries by 50%

    Iran to raise electricity exchange with neighboring countries by 50 percent
    Economic Desk
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    http://tehrantimes.com/economy-and-business/94311-iran-to-raise-electricity-exchange-with-neighboring-countries-by-50-percent
    On Line: 07 January 2012 17:24
    In Print: Sunday 08 January 2012

    Iran will exchange up to 15 billion kilowatt hours (BkWh) of
    electricity with its neighboring countries by the end of the current
    calendar year (March 19, 2012), up 50 percent year on year, Iran power
    generation transmission and distribution management company (TAVANIR)
    managing director stated.


    Iraq and Turkey have respectively the most exchanges of electricity
    with Iran, Homayoun Haeri added, the Mehr news agency reported.


    The country is currently exchanging electricity with Afghanistan,
    Armenia, Azerbaijan, Iraq, Pakistan, Nakhichevan, Turkey and
    Turkmenistan and plans to add 5,000 megawatts of capacity to its power
    grid annually.
    According to the Iranian Energy Ministry statistics, the country will
    be exporting up to $1 billion in electricity by March 2012.
    Iran's total power generation capacity stands at 63,403 megawatts (MW)
    while total length of the power grid exceeds 780,000 kilometers.
    Exchange of electricity with neighboring countries reached 1,341 MW in
    late December 2010. The top exporter was Armenia with 237 megawatts,
    and the top importer of Iranian electricity was Iraq with 650
    megawatts.
    Iran seeks to become a major regional exporter of electricity and has
    attracted more than $1.1 billion in investments to build three new
    power plants.

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