Iran power exports increase over 37%

A report published by Iran’s Energy Ministry on Thursday noted that the country has exported a total of 1,142.8 gigawatts per hour (GW/h) of electricity to neighboring countries during the aforementioned period, up by 37.17 percent compared to the previous year (started March 21, 2011 and ended March 19, 2012), when Iran exported 833.1 GW/h of electricity to its neighbors.

The implementation of the Subsidy Reform Plan by Iran has contributed to the reduction of domestic power consumption, paving the way for more electricity exports to the neighboring countries.

On Saturday April 28, Iran’s deputy energy minister for electricity and energy affairs said the country is moving toward self-sufficiency in the power industry by promoting the domestic manufacture of necessary equipment in the field.

Mohammad Behzad said that 100 percent of power distribution equipment, 99 percent of the equipment needed for power transmission, and more than 90 percent of power plant equipment are currently being designed, manufactured and installed in the country.

Iran had a total annual electricity generation capacity of 53,000 MW before 2009, which currently exceeds 60,000 MW as a result of the country’s plan to add 5,000 MW of capacity to the grid annually.

The Islamic Republic, 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.

SS/HJL/IS

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