“Four decades ago, Iran had 7,000 megawatts of capacity and initially reached 69,000 megawatts, while today we are on the verge of 83,000 megawatts of electricity,” Ardakanian said, Fars News Agency reported.
“If we go ahead with the plan by the end of the present administration, in mid-2021, we will add about 6,300 MW of new capacity and the government is proud to have been able to bring about 20,000 MW of new power plants into operation, registering an annual growth of 38 percent,” he added.
In October 2018, a senior Iranian energy official announced that the country’s proposal to the Economic Cooperation Organization (ECO) to set up a regional electricity market was welcomed and is being studied.
“Iran’s idea to establish an electricity market was raised at an ECO meeting, while three other meetings have been held to this end so far,” said Vahid Gohari Sadr, the director general of Iran Power Transmission, Generation and Distribution Company’s (TAVANIR) foreign trade office.
He added that a pilot plan to harmonize the electricity markets in Iran and Turkey is due to be implemented, noting that other countries will join the plan gradually.