TEHRAN – Iran’s Energy Ministry needs about 75 trillion rials (near $1.724 billion) to reduce the power transmission and distribution losses at the country’s grids by three percent, IRNA reported on Saturday quoting an official at the Energy Ministry.

According to Abdolsaheb Arjmand, the director general of the office of power transmission and distribution management and supervision at the Energy Ministry, with a 15 trillion rial (near $345 million) of funding each year, the current figure for energy losses which stands at 11 percent will be reduced to eight percent in five years.
According to the data released by Iran’s Power Generation and Distribution Company (known as TAVANIR), the country’s current installed power capacity stands at around 77,000 megawatts (MW).
Iran is currently wrestling with power shortage in many of its cities and the country’s power generation capacity indicates that the inefficient grids, transmission and distribution infrastructures are the main reason for such problems.

EF/MA