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Friday, March 19, 2010

Iran offers cut-price electricity to Pakistan

Iran has offered Pakistan 2200 megawatts (MW) of electricity at one third of Regulated Price Plan (RPP) rates.

“Iran is ready to increase the offer of 1100 MW electricity to 2200 MW,” Iran's Ambassador to Pakistan Masha'allah Shakeri told reporters on Thursday.

“Pakistan will have to build an appropriate infrastructure to utilize [the electricity],” he went on to say.

According to the Iranian envoy, Tehran is exporting power to Turkey, Armenia and Afghanistan and its price is extremely attractive for Pakistan.

“Islamabad can obtain financial assistance for this project from international financial institutions or the Islamic Development Bank,” he further explained.

“Iran may also consider provision of the required financing,” the ambassador concluded.

Source: PressTV.
Link: http://www.presstv.ir/detail.aspx?id=121201§ionid=351020103.

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