0253 GMT October 24, 2019
The minister further said at a press conference that about 90 percent of power generation equipment, even complicated parts such as turbines and generators, are currently manufactured in the country, Tasnim News Agency reported.
He added that Iran's capabilities in power generation have developed over the past four decades and the country is currently the top producer of electricity in the region. "At present, we have energy exchange programs with all the countries that share land borders with us," he noted.
Iran's nominal electricity generation capacity recently reached about 78,000 megawatts (MW) following the linking of a number of power plants to the national grid.
In November 2015, Iran's then energy minister Hamid Chitchian unveiled plans to increase electricity generation capacity and exports to neighboring countries.
Iran is currently exporting around 12 billion kilowatt-hours (kWh) of electricity to its neighbors each year, while the imports stand at an annual 4 billion kWh, he said at the time.
Iran's electricity industry ranks 14th in the world and first in the Middle East in terms of power generation.