Energy
0

Report Awaited on Prospects for Iran-Russia Electricity Agreement

Report Awaited on Prospects for Iran-Russia Electricity Agreement
Report Awaited on Prospects for Iran-Russia Electricity Agreement

A study on the synchronization of Iran’s and Russian electricity networks is to be completed in the next few months and if all goes well executive operation will begin, the energy minister said Friday.
“There are two routes through which our power grid can be connected to Russia’s; one is via the Republic of Azerbaijan and the other through Armenia and Georgia,” IRNA quoted Reza Ardakanian as saying. “We would welcome any of the two paths.” He did not give a dateline for the publication of the research. 
The idea of linking the two has been in the works for years. In 2015, Iran and Azerbaijan signed a memorandum on the exchange of electricity. 

Premium

Subscribe to the Financial Tribune to continue reading this article or Log in to your account if you are already a subscriber.

Find out more about our subsciption plans here.

Add new comment

Financialtribune.com