2.32 PM Saturday, 18 May 2024
  • City Fajr Shuruq Duhr Asr Magrib Isha
  • Dubai 04:07 05:29 12:18 15:42 19:01 20:24
18 May 2024

Iran to link up with UAE power grid

Iran plans to develop into a regional hub for electricity. (FILE)

Published
By Staff

Iran is planning to link up its electricity grid with the UAE’s grid through a sub-sea cable, according to Iran’s energy minister.

Iran, the nineteenth biggest producer of electricity in the world, has connected its national power grid to seven neighbouring countries, including Afghanistan, Pakistan, Iraq, Turkey, Armenia, Azerbaijan and Turkmenistan, Iran’s Energy Minister Majid Namjou told the Iranian Republic News Agency (IRNA).

The UAE has invested $720million in construction of the Esfahan gas power plant and the Fars combined cycle power plant.

Demand for Iranian electricity has increased and Iran reported that earlier this year it supplied power to Russia, India, Qatar, the UAE, Jordan, Syria and Oman.

Namjou said Iran plans to develop into a regional hub for electricity and confirmed that it plans to connect its national grid to the UAE’s grid via a sub-sea cable. It also plans to connect to Russia via Azerbaijan.
"Iran exchanges electricity with most of its neighbours and many of them are interested in increasing their electricity exchange with Iran" Namjou said.

The Republic has attracted more than $1.1bn in investment for three new power plants. "Germany has invested $445m in construction of the Pareh-Sar combined cycle power plant, while the UAE has invested $720m in construction of the Esfahan gas power plant and the Fars combined cycle power plant," Namjou is quoted as saying.