Iran plans to join Russia’s energy system through Azerbaijan. Talks on the issue have been held in Baku, Iranian Deputy Energy Minister Mohammad Behzad says, Iran News reports.
Iran wants to synchronize its energy system with Lebanon. Iran exchanges electricity with Azerbaijan, Nakhchyvan, Pakistan, Turkey, Iraq and Armenia. The export sum will reach $1 billion by March 2012.
Iran wants to become one of the largest electricity exporters in the region. It has invited $1 billion of investments for construction of 3 power plants.
Iran plans to synchronize its electricity grid with Azerbaijan and Russia. It needs a power of 700 MW to connect with Europe.