Feb 22 2012 |
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Electricity export up 28%
Electricity exports to neighboring countries have increased by roughly 28 percent over the last 11 months compared to the figure for corresponding period of the previous year.Announcing this, Energy Ministry said on Monday that it has exported 7,775 megawatt-hours of electricity since the beginning of the current Iranian Year (to end March 19), Presstv reported on Monday.
The figure shows a 27.86-percent increase compared to that of the same period last year, which stood at 6,065 megawatt-hours.
Electricity consumption has decreased considerably in Iran since the implementation of the Subsidy Reform Plan.
The plan has enabled greater electricity exports to neighboring Azerbaijan, Armenia, Pakistan, Turkmenistan, Turkey, Iraq, Afghanistan and Nakhchivan.
The Subsidy Reform Plan, which began in late 2010, has enabled the Iranian government to begin to gradually reduce energy subsidies over the course of five years, with low-income families compensated with direct cash handouts.
Iran seeks to become a major regional exporter of electricity and has attracted more than $1.1 billion in investments for the construction of three new power plants.
Earlier in December, a report released by IRNA said about 5,587 gigawatt-hours of electricity were exported to neighboring countries during March 21-December 20, showing an increase of 23.8 percent compared to the figure for the same period last year.
About 4,447 gigawatt-hours of electricity were exported during the same period of the past year, it added.
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