Iran General NewsIran says upgrading electricity lines to Turkey

Iran says upgrading electricity lines to Turkey

-

Reuters: Iran and Turkey have started upgrading electricity transmission lines to boost capacity to 2,000 megawatts in two years, Iranian officials said on Thursday. By Thomas Grove

ISTANBUL, Nov 15 (Reuters) – Iran and Turkey have started upgrading electricity transmission lines to boost capacity to 2,000 megawatts in two years, Iranian officials said on Thursday.

Iran currently exports electricity to energy-hungry Turkey via two transmission lines with a combined capacity of 250 megawatts.

“We have already started reinforcements on one line and plan reinforcements on the other. We believe Turkey is making the same efforts on its half,” said Hamid Farzan, head of planning at Iran’s state-owned Tavanir, on the sidelines of a conference.

Turkey and Iran will share the $1.5 billion cost of the upgrade project, said Farzam, reinforcing previous comments made by another Iranian official.

“The project will increase electricity trade between the two countries to 2,000 megawatts … It should be finished in two years,” said Tavanir CEO and Massoud Hojjat.

Defying opposition from the United States, Turkey has signed a series of deals with energy rich Iran. Turkey relies almost entirely on energy imported from Iran and Russia.

Washington has urged its allies, including NATO-member Turkey, to cut business ties with Tehran over Iran’s nuclear programme. Western countries say Iran is trying to build nuclear bombs, though Tehran says its aims are purely peaceful.

Hojjat said Iran also plans to increase exports to Pakistan, to 1,100 megawatts.

Pakistan signed an accord in February to gain access to 100 megawatts of electricity from Iran for its newly built Gwadar deep-sea port on the Arabian Sea.

Under the agreement, Iran’s Tavanir will provide electricity to Pakistan’s state-owned Water and Power Development Authority (WAPDA), the authority said.

Latest news

Land Subsidence in Critical Conditions in Isfahan

Mehdi Toghyani, a member of the Iranian regime’s Majlis (parliament), pointed to the occurrence of land subsidence in various...

Iran’s Actual Inflation Rate Higher Than Official Stats

The state-run Donya-e-eqtesad newspaper, in a report analyzing the "general sentiment" regarding inflation in 2023, has stated that households...

Iranian Workers’ Monthly $136 Wages Can’t Cover $500 Expenses

The lives of a significant portion of the Iranian population are marked by uncertainty, largely because the Iranian economy...

Iranian Nurses Earn Twice Their Wages in Ride-Hailing Services

Reza Aryanpour, a member of the regime’s Majlis (parliament) Health and Treatment Commission, highlighted the growing trend of nurses...

Iran: Unprecedented Record of 152 Million Liters of Gasoline Consumption Per Day

On March 19, Iran set a new historical record in gasoline consumption with 152 million liters consumed in one...

Iran’s Youths Have Highest Unemployment Rate

The Iranian regime’s Eghtesad News website reported that data from the Statistical Center of Iran shows that the youth...

Must read

Iran’s Ansar-e Hezbollah vows to root out mal-veiling

Iran Focus: Tehran, Iran, Nov. 11 – The radical...

No incentive will make Iran drop nuclear fuel programme

DPA: No incentive would make Iran drop its nuclear...

You might also likeRELATED
Recommended to you