Iran’s electricity exports up 29% year on year

Iran exported 11.054 billion kilowatt hours of electricity to its neighboring countries in the past Iranian calendar year, which ended on March 20, showing 29 percent rise year on year.
Iran also imported 3.968 billion kilowatt hours of electricity last year, up 8 percent compared to its preceding year.

Iran has constructed power plants twice as many as the average number of power plants which have been constructed in the world during the past decade, the Mehr News Agency quoted deputy energy minister Mohammad Behzad as saying.

The power generation capacity in Iran has grown by 7 percent annually during the past 10 years, he said, adding that the figure has averaged 3.5 percent in the world.

The country’s power generation capacity is currently at 68.38 gigawatts, he added.

Iran currently trades power with Turkey, Armenia, Turkmenistan, Azerbaijan (including Nakhchivan Autonomous Republic), Pakistan, Afghanistan, Syria, and Iraq.

Iran seeks to become a major regional exporter of electricity and has attracted more than $1.1 billion in investments for the construction of three new power plants.