Iran Power & Water Equipment & Service Export Company (SUNIR) has implemented the first phase of a 500-kilovolt power transmission line in Pakistan, the company’s managing director said on Tuesday.
“This is SUNIR’s first 500 kV project abroad,” Bahman Salehi told IRNA, adding that it is divided into two sections: the first part is a 220-kV power line, which went on stream about three months ago, and the second part encompasses a 500- kV electricity transmission line with a length of 33 kilometers.
SUNIR is currently involved in 17 projects in Afghanistan, Pakistan, Oman, Iraq, Syria, Ethiopia, Sri Lanka and Armenia.
Salehi noted that Shikarpur project has become operational within two and a half years.
He also stressed that the 500-kV part’s second phase is expected to go on stream in 45 days.
“The project, which was financed by a Japanese bank’s €24 million investment, has been designed and executed by SUNIR under an EPC (exploration, procurement and construction) contract,” Salehi said.
According to the official, Shikarpur project will lead to a profit of between $700,000 and $1 million depending on the extra costs.
Salehi underlined that over the past few years, western sanctions against Iran’s banking system inflicted considerable costs on the Iranian company, especially in hampering money transfer.
