Economy

Iran Ups Electricity Swap with Neighbors

Iran Ups Electricity Swap with Neighbors
Iran’s power trade with the neighboring countries has witnessed an eye-catching increase, the Energy Ministry announced.

Iran exchanged 1.943 gigawatts of electricity with its neighboring countries on Friday.

The country exported 1.256 gigawatts of electricity to Afghanistan, Iraq, Pakistan, Armenia, and Turkey, while imported 687 megawatts of electricity from Armenia and Turkmenistan.

The Islamic Republic is currently exporting electricity to Armenia, Pakistan, Turkmenistan, Turkey, Azerbaijan, Nakhichevan, Iraq and Afghanistan.

Earlier in May, Behzad also announced that the country’s electricity exports have increased 40% since the beginning of the current Iranian year, and said Tehran has signed several contracts with the neighboring states to export electricity.

He said Iran is expected to export about 10bln kilowatts of electricity in the current Iranian year.

Behzad also said Iran has signed several contracts with its neighboring countries in this regard, which will help boost its electricity exports.

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