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Official: Iran can export $10b of electricity


. Author: mbncom

Iran has the capacity to export worth $10 billion electricity per year in short term, Chairman of Iran Electrical Industry Syndicate Alireza Kolahi said.

In the long run, the country can materialize the export of worth $30 billion electric power a year, he added, Shana news agency reported on Friday.

He called for an investment of 150 trillion rials ($5 billion), as well as paying a debt of 300 trillion rials ($10 billion) by the Ministry of Energy.

Energy Minister Hamid Chitchian said in September that the ministry owes 155 trillion rials ($5 billion) for electricity and 50 trillion rials ($1.7 billion) for hydroelectric power plants to the private sector and contract partners.

 

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