News ID: 262837
Published: 0244 GMT December 11, 2019

Iran plans energy exchange with Russia

Iran plans energy exchange with Russia

Iranian Energy Minister Reza Ardakanian unveiled plans for exchanging energy with Russia.

Speaking to reporters on the sidelines of inauguration of a combined-cycle power plant in Iran’s western province of Kermanshah, Ardakanian said Iran can currently exchange energy with all of its neighboring countries, reported Tasnim News Agency.

He noted that Iran can even have access to other countries’ power grids via the neighbors, adding, “The next plan is connecting (the power grid of Iran to that of) Russia, with which energy exchange is possible.”

Unveiling plans to increase the capacity of power generation in the country by 20,000 megawatts until the next two years, the minister said more than 60 percent of the power plants across the country is operated by the private sector.

Iran and Russia have been working on plans in recent years to connect their national grids and promote energy trade.

   
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