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Iran's Hydropower Production Capacity Hits 9,500 MW
Iran's hydropower plant capacity reached 9,500 megawatts, the latest energy ministry reports said, adding that the country's hydroelectric power plants have generated more than 9bln Megawatt hours of electricity since the beginning of current Iranian year (started March 20).

The country's hydroelectric power generation showed an eight percent increase from March 20 to November 20 as compared with last year's corresponding period, the Iranian Energy Ministry's website reported.

Earlier this year, Managing Director of the Iranian Water & Power Resources Development Company Mohammad Reza Rezazadeh said the nominal capacity of Iran's hydropower plants "stands at 9.246 MW, adding that the country has generated 6.025 Gigawatt hours of hydropower in the 1st five months of current Iranian year".

He noted that six new hydropower plants would go on stream by the end of the current Iranian calendar year (to end March 20, 2013), and added that two units of Gotvand Dam power plant as well as four units of Siah Bisheh pumping storage plant with a total capacity of 1,500 MW will be put into operation by March 20.

Iran's revenues from power exports exceeded $800 in the last Iranian year (ended March 19).

Iranian Energy Minister Majid Namjou announced few weeks ago that the country plans to build several power plants for exporting power supplies to energy-hungry India and Pakistan.

"Given the Pakistani officials' requests, agreements are being struck on the supply of power to Pakistan," Namjou said.

"We have also reached an agreement with New Delhi to build an Indian-financed power plant in Iran to supply power to India," he added.

Iran has recently made huge investment in the energy sector. In October 2011, the Iranian energy minister offered bonds for the construction of new hydroelectric power plants.

The energy ministry offered the public 2.7 trillion rials (about $243 million) in bonds to fund the completion of its hydroelectric plants.

With the implementation of subsidy reforms law, not only domestic electricity consumption has reduced but also annual growth in electricity demand has been checked, thus paving the way for further export of electricity to the neighboring countries.

Iran has power swap deals with Armenia, Pakistan, Turkmenistan, Turkey, Azerbaijan, Iraq, Afghanistan and the autonomous region of Nakhichevan.

Dec 1, 2012 09:58
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