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

Modi’s Special Gesture in Mauritius

In a heartfelt gesture, PM Modi also gifted Mauritius President the holy Ganga water from Maha Kumbh…reports Asian Lite News In a special gesture, Prime Minister Narendra Modi on Tuesday presented OCI

Carney Looks to Deepen India-Canada Bond

Mark Carney pledges to strengthen ties between Canada and India, aiming to deepen bilateral cooperation….reports Asian Lite News Canada’s Prime Minister-designate Mark Carney expressed his commitment to strengthening ties between Canada and

‘Mauritius Key for Indian Investment in Africa’

Dhananjay Ramful said India and Mauritius are reorienting their relationship and talking about a strategic partnership…reports Asian Lite News Mauritius has a long-standing historical bond with India, and preparations for Prime Minister

Tibet Marks 29 Years Since 1989 Uprising

Since that tragic day, the CTA has organized an annual prayer service to remember those who lost their lives and those who suffered in the struggle for Tibet’s freedom…reports Asian Lite News
Go toTop

Don't Miss

UK accuses Russia of threatening global food security  

The British Defence Ministry’s latest intelligence update comes as the

Russia may sever ties with WHO, WTO

The WHO member states have already tried to force the