Turkish-Belgian consortium to build power plants in Iran

The head of Thermal Power Plants Holding Company of Iran, Mohsen Tarztalab, has said that a consortium of companies from Belgium and Turkey is expected to build five combined-cycle power plants with the production capacity of 5,000 megawatts (MW) in Iran.

The official estimated that the project will cost about $3 billion and expressed hope that the contract for constructing the power plants will be signed within the next month. Iran generated 25.879 billion kilowatts-hour (kWh) of electricity in 41 days of current Iranian calendar year (started March 20), of which 223 million kWh was exported. Iran's electricity exports decreased by 71 percent during this period year-to-year, while electricity imports increased by 24 percent to 610 million kWh.

Iran's power generation capacity stood at 74,277 megawatts (MW), about 182 MW more than last fiscal year.

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