Source: Press TV
Iran's electricity network has integrated to power grids of seven neighboring countries to meet their energy demands, says Iranian Energy Minister Majid Namjou.
Iran ranks the 19th largest
producer and 20th largest consumer of electricity in the world.
Iran's electricity grid is currently connected to Afghanistan,
Pakistan, Iraq, Turkey, Armenia, Azerbaijan and Turkmenistan, Namjou told IRNA
on Sunday.
The Iranian minister further pointed out that Tehran also plans to connect its
national power network to the United Arab Emirates (UAE).
Earlier this year, Namjou said that Russia, India, Qatar, the UAE, Jordan, Syria
and Oman are the new countries that have asked Iran for electricity.
According to the Iranian minister, the Islamic Republic has the capability to
turn into a regional electricity hub.
"Iran exchanges electricity with most of its neighbors and many of them are
interested in increasing their electricity exchange with Iran" Mehr news agency
quoted Namjou as saying.
Iran plans to connect its power grid to Russia via Azerbaijan as well as linking
to the Persian Gulf states via sub-sea cabling.
The minister also stated that Iran has attracted more that 1.1 billion dollars
in investment to build three new power plants.
"Germany has invested $445 million in construction of the Pareh-Sar combined
cycle power plant, while the UAE has invested $720 million in construction of
the Esfahan gas power plant and the Fars combined cycle power plant," Namjou
concluded.
Related Article: Photos: Power outages in Iran idle factories and workforce
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