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Jun 18 2011

Power Industry Growth at 8%

Deputy head of Tavanir Company said Friday all the cities and villages with over 20 households are linked to the national power grid.

"Growth of power industries in the past 31 years has exceeded 8 percent indicating that different parts of the country have access to electricity," said Mohammad Hassan Motevallizadeh while addressing the inaugural ceremony for the Sixth International Exhibition of Power Industry and the Seventh International Exhibition for Water and Wastewater Industry and Affiliated Industries in Mashhad, ISNA reported.

He recalled that one of the reasons for the growth in power industry is the low price of electricity.

"In the next 10 years, the national power industry's capacity will increase to twice as much as the current capacity. Iran plays a strategic role in regional power industry," he noted.

He also gave word of the country's self-sufficiency in building equipment for the power industry.

Exports

"Last year, Iran exported over seven billion kilowatts of electricity to neighboring countries. Iran's power grid has been connected to that of Russia and very soon we will be linked to Lebanon via Syria."

Motevallizadeh further said that last year power plant output increased by over 5,000 megawatts and at present the output rating of power plants has reached 61,300 megawatts.

"The good omen is that the quality of electricity has improved and it is now possible to connect the national power grid to Europe," he added.

Motevallizadeh gave word of using solar energy to supply electricity for villages with fewer than 20 families.

"At present, some 14,000 km of fiber optics has been created in the country and this figure will soon increase to 20,000 km," he said.

He underlined that in the next five years all subscribers will have smart electric meters.

The official recalled that some 14 percent of the demand for electricity in the country is supplied by the private sector.

He stressed nationwide electricity consumption has been managed effectively following the implementation of the subsidy reform law.

"Before the law came into force, some 58 percent of subscribers consumed electricity at the desirable level and the figure increased to 72 percent after the law was implemented," he said.

Iran is the 19th largest producer and 20th largest consumer of electricity in the world.

Earlier, Energy Minister Majid Namjou said Russia, India, Qatar, the UAE, Jordan, Syria and Oman are the new countries that have sought electricity from Iran.

According to the minister, Iran has the capability to turn into a regional exporter of electricity.

The minister also stated that Iran has attracted more than $1.1 billion in investment for building three new power plants.

© Iran Daily 2011

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