Iran swaps over 2GW of electricity with neighbors in 1 day

Iran exchanged 2.06 gigawatts of electricity with its neighboring countries on Thursday, the Energy Ministry announced. The country exported 1.437 gigawatts of electricity to Afghanistan, Iraq, Pakistan, Armenia, and Turkey, and imported 623 megawatts of electricity from Armenia and Turkmenistan yesterday. Iran's power swaps with the neighboring countries showed a positive balance of 814 megawatts on Thursday. The Islamic Republic is currently exporting electricity to Armenia, Pakistan, Turkmenistan, Turkey, Azerbaijan, Nakhichevan, Iraq and Afghanistan. Earlier in May, Iranian Deputy Energy Minister Mohammad Behzad announced that the country's electricity exports have increased 40% since the beginning of the current Iranian year (started March 21), and said Tehran has signed several contracts with the neighboring states to export electricity. He said Iran is expected to export about 10bln kilowatts of electricity in the current Iranian year. Behzad also said Iran has signed several contracts with its neighboring countries in this regard, which will help boost its electricity exports.