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

No deal but ‘progress made’, says Trump

President Putin praised Trump’s efforts to facilitate dialogue and reaffirming that Ukraine’s security must be guaranteed. US President Donald Trump and Russian President Vladimir Putin concluded a landmark summit in Anchorage, Alaska,

UAE celebrates India@79

Indian expats in Abu Dhabi and Dubai marked India’s 79th Independence Day with flag-hoisting, cultural performances, and heartfelt tributes, celebrating decades of deep UAE–India friendship….reports Asian Lite News The colours of saffron,

India and America are a strange couple

No Indian leader has ever been so fond of an American President as Modi has been of Trump, writes Mihir Bose India and America have always had a curious love affair. They

Rubio extends greetings on India’s I-Day

Secretary of State describes the relationship between India and the US as “consequential and far-reaching,” built on shared democratic values, mutual respect, and expanding cooperation across multiple sectors…reports Asian Lite News Secretary

Journey towards Viksit Bharat

As India embarked on its fast-paced human centric developmental journey to become a developed country “Viksit Bharat @2047” by the time it completes the century of the independence, the past decade has
Go toTop

Don't Miss

Russia arms Tajikistan

Calling Tajikistan a reliable and close ally of Russia, the

Gadkari emphasises contribution of Chabahar Port in Iran visit

Minister Nitin Gadkari conveyed good wishes from Prime Minister Narendra