Price of Iran Electricithy Exported to Iraq Will Rise

3//IranMania.com, UK Saturday, November 26, 2005

http://www.iranmania.com/News/ArticleView/Default.asp?NewsCode=38094&NewsKind=Current%20Affairs



PRICE OF IRAN ELECTRICITY EXPORTED TO IRAQ WILL RISE



LONDON, November 26 (IranMania) - With the proposed increase in the electricity exports from Iran to the neighboring Iraq, the price of the commodity would also increase, according to MNA.



“Iran is currently exporting 150 megawatts of electricity from some of its border points to Iraq”, Iran’s Energy Minister Parviz Fattah said adding that, however, in his recent visit to Iran, the Iraqi President Jalal Talabani called for increasing the export of Iranian electricity to 1,000 megawatts.



The Iranian minister stated that Iran has the potential to export even more than the 1,000 megawatts of electricity demanded by Iraq but, in order to facilitate the transfer of electricity, the Iraqi side should first prepare its transmission lines, electricity posts and substations at its borders with the Islamic Republic.



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Iran is also planning to build two 500-MW thermal power plants in Iraq, which will be built at lower costs and higher qualities.