NEWS
Electricity  

Neighbors Have No Better Option than Iran for Importing Electricity: Minister

Iranian Energy Minister Reza Ardakanian highlighted the neighboring countries’ willingness to import electricity from the Islamic Republic and said they cannot find a better option.

“We have provided the opportunity to exchange energy, not only with Iraq and Turkey, but also with all countries with which we share land borders, including Pakistan, Afghanistan, Armenia, Turkmenistan, and Azerbaijan, which means that the infrastructure is available and we are increasing this capacity day by day,” Ardakanian told Tasnim in an interview.

“An example of this is the third energy transition line we are building with Armenia and we are trying to make it operational by the end of this year to increase the capacity of energy exchanges,” he added.

 Iran is second to none in this area and neighboring countries that import electricity from the Islamic Republic have no better alternative, the minister went on to say.

Speaking to reporters at a press conference in Tehran back in February last year, Ardakanian highlighted the country’s self-sufficiency in the area of power generation and said the Islamic Republic is the top producer of electricity in the Middle East.

About 90 percent of power generation equipment, even complicated parts like turbines and generators, are currently manufactured inside the country, the energy minister said at the time.

He added that Iran’s capabilities in the area of power generation have developed over the past four decades so much that the country has become the top producer of electricity in the region.

“At present, we have energy exchanges with all the countries that share land borders with us,” he said.

In August, the Iran Power Generation Transmission and Distribution Management Company (Tavanir) announced that it has resumed supplying electricity to neighboring countries after meeting domestic needs.

The state-run company would increase its exports within the framework of the agreements reached with these countries, Tavanir’s spokesman said at the time.

News No: 3818
Date: 2019/03/03 - 19:45
News Source: Tasnim News Agency

Electricity  Reza Ardakanian  Energy  Afghanistan  Export 

Comments:

Leave a Comment:

   
   
   
 

Indian Sponge Iron Export Prices Fall in Recent Deals

Amid falling Indian domestic sponge prices & decline in Bangladesh imported scrap prices, Indian sponge iron export offers have come down by USD 10-15/MT in recent deals reported, as per assessment made by SteelMint.
 

Turkey: Finished Steel Exports Drop in April

Turkey's Finish Steel exports down by around 14% M-o-M in Apr'19, as per fresh released data by custom department.
 

Iranian Mills Cut Billet Export Offers

Iranian billet export market sentiments softened this week after the market resumed from Eid holidays. As expected, this week market sentiments were reported barely weak, the recent billet export offers says all
 

Chinese Mills Raise Bids for Indian Pellets; Deals Reported

SteelMint in conversation Indian pellet makers and other market participants analyzed that bids for Indian pellets have witnessed increment this week. Following surge in global iron ore fines price, pellet export prices has also strengthened this week.
 

China: Finished Steel Exports Fall 9% in May'19

According to latest data released by Chinese customs, nation’s finished steel exports in May’19 stood at 5.74 MnT, declined by 9% over 6.33 MnT in Apr’19.
 

Vietnam: Limited Deals Keep Imported HRC Offers Under Pressure

This week imported HRC offers to Vietnam inched down further in line with continual decline in HRC export offers from China. Chinese HRC exports offers have reached to rock bottom due to significant fall in domestic prices.
Upcoming Events
Publications
 Mines & Metals

Mine & Business Today

 Scrap & Recycling

Ahangan

Our partners