Iran, Pakistan sign deal for import of 1,000MW electricity
IRNA - Islamic Republic News Agency
Islamabad, June 14, IRNA -- A Pakistani news daily quoting a senior official of Pakistan's Ministry of Water and Power on Thursday said that Pakistan has signed an agreement with Iran for importing 1,000 megawatt electricity at 10 cents per unit.
'The News' reported that the project is expected to materialise within the next four years.
'The tariff will be revised every three years after the commissioning of the project,' said the official. The memorandum of understanding between the two countries was signed in the last week of May 2012,' he said.
Pakistan is already importing 75 megawatts of electricity from Iran. And the last time a Pakistani delegation headed by the country's federal minister for petroleum and natural resources visited Iran, Tehran offered to export 5,000 to 6,000 MW of electricity to Pakistan.
Under this new proposed project, said the official, Iran will build a powerhouse in Zahedan specifically to generate electricity for Pakistan and a 700-km transmission line will be laid from the Pak-Iran border to Quetta. From here, the electricity will be supplied to the national grid.
Giving details of the project, the official said the transmission line will be of 500KV direct current. According to him, Iran has indicated willingness to provide $800 million to $900 million for the project and that the Pakistan government is in the process of examining this offer.
Islamic Republic News Agency/IRNA NewsCode: 80183771
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