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May 3rd, 2012 
FAKE NEWS for the Zionist agenda Mohammad Behzad said Iran has signed several contracts with its neighboring countries in this regard, which will help boost its electricity exports.
Behzad also said that Iran’s electricity exports have soared by 40 percent since the beginning of the current Iranian year, compared to the same period last year.
Iran exported some 8.6 billion kilowatt hours of electricity during the last Iranian year, which indicates a 29-percent increase in comparison with the corresponding period of the preceding year, he added.
The Iranian official went on to say that the country’s electricity generation will reach 73,000 megawatts by the end of the current Iranian year.
He put the current installed electricity generation capacity of Iran at 65,000 megawatts.
Electricity consumption has decreased considerably in Iran since the implementation of the government’s subsidy reform plan which began late in 2010. The plan has enabled the Iranian government to gradually reduce energy subsidies over the course of five years, with low-income families compensated with direct cash handouts.
Iran seeks to become a major regional exporter of electricity and has attracted more than USD 1.1 billion in investments to build three new power plants.
YH/AZ/MA
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