Iran Economy NewsIran may increase electricity prices by 20% in March,...

Iran may increase electricity prices by 20% in March, Mehr says

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Bloomberg: Iran may raise electricity prices by about 20 percent in March as part of a plan to cut energy subsidies, state-run Mehr reported, citing Mohammad Behzad, deputy energy minister.

Bloomberg

By Ladane Nasseri – Jan 29

Iran may raise electricity prices by about 20 percent in March as part of a plan to cut energy subsidies, state-run Mehr reported, citing Mohammad Behzad, deputy energy minister.

Iran in December 2010 started a five-year plan to phase out subsidies on fuel, electricity and basic consumer goods, replacing them with cash payments.

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