July 17, 2023
1 min read

Iran to soon start power exchange with Russia

The Azerbaijan route involves a less complicated process, as Iran and Azerbaijan have synchronised their power networks to the required extent, said the minister….reports Asian Lite News

Iranian Energy Minister Ali-Akbar Mehrabian has reportedly said that his country will soon begin electricity exchange with Russia through Azerbaijan.

Iran has considered two routes, one via Azerbaijan and the other via Armenia and Georgia, for electricity exchange with Russia, Mehrabian told Iranian Students’ News Agency (ISNA), noting that Iran is holding the final negotiations for the start of the projects.

The Azerbaijan route involves a less complicated process, as Iran and Azerbaijan have synchronised their power networks to the required extent, said the minister.

Iran and Russia can complement each other favourably by exporting their surplus of electricity mutually, as the latter’s electricity consumption peaks in winter while the former in summer, he added.

Mehrabian emphasised that Iran also seeks to connect its power grid to those of other regional states to ensure electricity supply sustainability throughout the year.

At present, Iran exchanges electricity with Iraq, Türkiye, Armenia, Azerbaijan, Turkmenistan, Afghanistan and Pakistan, he said, adding Iran is seeking to increase such transactions.

ALSO READ: Iranian minister hails Indian investment in Chabahar

Previous Story

India’s commerce secretary in UK for FTA talks

Next Story

Erdogan Begins Gulf Tour

Latest from -Top News

Pakistan’s Shadow War in Balochistan

At least 50 killed by Pakistan-backed death squads in Balochistan in April, says HRCB — toll expected to rise in May….reports Asian Lite News The Human Rights Council of Balochistan (HRCB) reported

Russia, Ukraine Resume Talks

The upcoming talks follow a significant hiatus in diplomatic engagement between the two nations, which have been locked in a brutal conflict since Russia’s invasion of Ukraine in February 2022 Russia and

UN Pays Tribute to Indian Soldiers

Thursday was observed as the 77th UN Peacekeepers Day, honouring the work of 61,353 peacekeepers, of whom 5,375 hailed from India….reports Asian Lite News Brigadier Amitabh Jha and Havildar Sanjay Singh, who

Modi’s New Warfare Playbook

Modi has upended the old playbook and India and Pakistan are entering dangerous new territory where nuclear deterrence is no longer a guarantee against conventional conflict…writes Collins Chong Yew Keat The India-Pakistan
Go toTop

Don't Miss

US mulls fresh sanctions against Russia over Navalny

US National Security Adviser Jake Sullivan Sullivan’s comments came days

PM: Israel will not bound any nuclear deal with Iran

Israeli Prime Minister Naftali Bennett said that his country will