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electricity

Iran, Turkey to resume electricity exchange after six years

Iran will resume power exchange with Turkey in the near future based on a back-to-back letters of credit system, Iran’s energy minister said.

Energy

Iran’s electricity consumption breaks all-time record

Iran Grid Management Company (IGMC) says the electricity usage in the country has broken an all-time record as scorching heat stretches the power grid to near its limits.

Energy

Iran triples electricity imports to help offset power shortage

Iran Power Generation, Distribution and Transmission Company (Tavanir) is importing at least 700 megawatts of electricity per day from neighboring states, including Turkmenistan, Azerbaijan and Armenia, to meet the growing electricity demand.

Energy

Iran to generate 58 GW of electricity to meet demand in peak summer days

Iranian Energy Minister Ali Akbar Mehrabian says the country has plans to add some 6 gigawatts (GW) of electricity to the power generation capacity so that it will be able to meet demand in summer peak days.

Energy

US grants Iraq another sanctions waiver to import electricity from Iran

The Biden administration has granted another 120-day waiver to allow Iraq to pay for electricity imports from Iran, a State Department official said Monday.

Energy

Iran plans electricity swap with Russia

Iran’s Energy Minister Ali-Akbar Mehrabian said on Saturday that the country has plans to connect the Iranian national electricity grid with that of Russia.

Energy

Iran, Russia set to kick off power network connection in May

The operation of connecting power networks among Russia, Azerbaijan Republic, and Iran will begin in May 2022, an Iranian official said.

Energy

Iran may lose 50% of power plant capacity due to shortage of water

Mohammad Ali Pouramiri, a member of Iran Renewable Energy Association, said on Tuesday that Iran has developmental plans for its power plants but the country may lose 50% of its power plant capacity due to the shortage of water for steam cycle sector.

Energy

Iran resumes power exports to Iraq, Pakistan, Afghanistan

As peak summer demand peters out, electricity exports to Iraq, Pakistan and Afghanistan, which were halted to help stabilize power supply in summer, has resumed, a deputy energy minister said.

Energy

Iran halts electricity supply to Iraq

Iran has stopped supply of electricity to Iraq, according to the director of Iran Grid Management Company.

Energy

Iran Chamber of Commerce, Industries, Mines and Agriculture

Established in 1884, Iran Chamber of Commerce, Industries, Mines and Agriculture (ICCIMA) is a non-profit and non-governmental institution which aims at facilitating economic growth and development in the country. Iran Chamber tries to further coordinate the activities of the private sector. As an economic forum, representatives from both the government and the private sector attend Iran Chamber's sessions. Meanwhile the institution acts as an advisory body to the government, parliament and judiciary.

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