Iran General NewsTurkey, Iran to sign power line deal, official says

Turkey, Iran to sign power line deal, official says

-

Reuters: Turkey and Iran will sign an agreement in Ankara on Tuesday under which power transmission lines will be built between the two countries, a senior Turkish energy ministry official said. ANKARA, Nov 20 (Reuters) – Turkey and Iran will sign an agreement in Ankara on Tuesday under which power transmission lines will be built between the two countries, a senior Turkish energy ministry official said.

He told Reuters the agreement also envisaged electricity sales and purchases between the two countries during peak hours.

Defying opposition from the United States, Turkey signed a preliminary agreement with Iran in August for construction of transmission lines, estimated to cost $1.5 billion.

Under this agreement, Ankara plans to import between 3 and 6 billion kilowatt/hour of electricity and envisages completion of construction within a year.

The agreement also includes construction of three natural gas-fired power stations with a total of 6,000 megawatt capacity and a 10,000 megawatt-capacity hydropower station.

Washington has urged its allies, including NATO-member Turkey, to cut business ties with Tehran over Iran’s nuclear programme. Western countries say Iran is trying to build nuclear bombs, although Tehran says its aims are purely peaceful.

Iran currently exports electricity to energy-hungry Turkey via two transmission lines with a combined capacity of 250 megawatts. (Reporting by Orhan Coskun, editing by Anthony Barker)

Latest news

Iran’s 2023 Budget Shrouded In Doubt

On January 22, the Majlis (parliament) approved the draft of the 2023 budget bill proposed by regime president Ebrahim...

Iran: People of Khoy Still Reeling From 5.9-Magnitude Earthquake

An earthquake with a magnitude of 5.9 struck northwest Iran on Saturday, killing at least three people and injuring...

Iran’s Unsolvable Air Pollution Problem

Air pollution will remain at dangerous levels and will increase for the next few days in most big cities,...

The World Must Acknowledge the Iranian People’s Right to Self-defense

Victor Hugo once said: “When dictatorship is a fact, revolution becomes a right.” Throughout history, this has been the...

Iran: 60% Of Population Is Poor

The livelihood baskets of the Iranian people are shrinking dramatically. This, in turn, has introduced new concerns to protect...

The implications of EU’s terrorist designation of the Revolutionary Guards (IRGC)

The European Parliament called on January 18 for the European Union to list Iran's Revolutionary Guards (IRGC) as a...

Must read

White House Debates Support Regime Change in Iran

Iran Focus London, 27 Jun - A US lawmaker...

Trump Should Stand up Against Iran’s Ransom Demands

Iran Focus London, 1 Dec - The election of Donald Trump...

You might also likeRELATED
Recommended to you