52573
Minister Laments Electricity Troubles
Minister Laments Electricity Troubles

Minister Laments Electricity Troubles

Minister Laments Electricity Troubles

Iran’s energy minister said on Sunday that less than one-fifth of the electricity expansion costs in both urban and rural areas is paid by subscribers and called for a reform of payments in the power industry. Hamid Chitchian made the statement in a Majlis hearing on Sunday in response to queries from lawmakers on reasons for hiking electricity charges, the subscribers’ share in power infrastructure investments and the ministry’s agenda to curb power wastage in transmission lines, IRNA reported. He stressed that as the ministry receives no budget from the government for expansion of electricity infrastructure, “subscribers should play a bigger role in provision of costs”. Chitchian warned that if the current trend (high costs and low tariffs) persists, Iran’s electricity industry will remain sluggish. Iran ranks first in the Middle East and 14th in the world in terms of power production with an installed capacity of around 75,000 megawatts. The official also said wastage across the national power grid has reduced to 11% from 15% over the past three years.

 

Short URL : https://goo.gl/1r5Nyu
  1. https://goo.gl/EiFf92
  • https://goo.gl/K0ZBzs
  • https://goo.gl/6LFjqf
  • https://goo.gl/047OfW
  • https://goo.gl/Q9qMUV

You can also read ...

Iran LPG Shipments Reach 400K Tons
Iran's LPG shipments lifted or due for lifting in May fell...
BP Suspends Work on Rhum Gas Field
BP has stopped work on Rhum Gas Field in the North Sea, which...
EU Eager to Avert New US Sanctions
The European Union states have the political will to implement...
Gasoline Consumption Up 8 Percent
Gasoline consumption in the second calendar month that ended...
Oil Prices Slip on Potential Easing of OPEC Supply Curbs
Oil prices eased on Wednesday as the possibility of higher...
Austria's OMV Stands by Iran Project
Austrian energy group OMV is continuing with planned Iranian...
Crude Exports on a Mild Hike
Iran's crude exports have been experiencing a modest increase...

Add new comment

Read our comment policy before posting your viewpoints

Trending

Googleplus