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FinancialNews


  • 04-11-19

    Iran raises its power exports by 80 percent

    (MENAFN) Mohammad Hassan Motevalizadeh, Managing Director of Iran's state-run Organization for Management of Electric Power Generation and Transmission (Tavanir) said Iran"s electricity needed by the neighboring states, noting that the Islamic Republic can turn into a regional electricity hub, reported Fars News Agency.

    The official also said that Iran has reached full self-sufficiency in production of equipment used in power industry and produces nearly all equipment needed for power plants.

    Iran is currently supplying Iraq, Afghanistan and Pakistan with electricity.

    Energy Minister Reza Ardakanian said in August that Iran had exported 2.3 billion kilowatts of electricity to neighboring countries since March 21.

    MENAFN0411201900450000ID1099217535

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