Slovenia eager to finance Iranian power projects

TEHRAN, Jan. 11 (MNA) – Iranian energy minister has announced Slovenia’s proposal to finance Iran’s power electricity projects.

At a meeting with Slovenia’s Minister of Economic Development and Technology Zdravko Počivalšek, Iran’s Minister of Energy Hamid Chitchian said the presence of Slovenian delegations and trade firms in Iran as well as opening of the European country’s trade offices in Tehran would strengthen economic and trade ties between the two countries; “Iran’s Energy Ministry and Slovenia’s Ministry of Economic Development and Technology have previously signed an MoU and joint production marks the key to success for both sides.”

Chitchian referred to the high electricity production in Iran asserting “currently, the production capacity has reached more than 74 thousand megawatts while the implementation of a 10-year plan will add 50 thousand megawatts to the current capacity providing proper grounds for trade in the power sector.”

The member of the cabinet referred to his recent meeting with energy ministers of Armenia, Georgia and Russia and the integration of the four country’s electricity girds; “in the present time, more than 10 billion kilowatt-hours of Iranian electricity is being exported to Turkey, Afghanistan, Pakistan and Iraq.”

The official further recalled that good facilities are available in Iran’s power industry and the country welcomes the participation of Slovenian firms; “financing domestic projects by Slovenian companies marks one possible venue for the development of cooperation between the two countries.”

The Slovenian Minister of Economic Development and Technology Zdravko Počivalšek, for his part, appreciated the removal of international sanctions against Iran adding “the trade turnover between Iran and Solvenia has been 22 million euroes in the past years which needs to reach 60 millino europes.”

The Slovenian official pointed out the signing of an MoU in the energy sector maintaining “the signing of the document of cooperation marks the first step in the formation of a joint commission of the two sides as well as the initial stage in expansion of economic and business relations.”

He further expressed Slovenia’s willingness to boost ties with Iran in various fields like production of automation systems, energy, hydromechanics as well as clean waters.

After the meeting with the representatives of 45 Slovenian companies, Iran’s Energy Minister Chitchian signed a Memorandum of Understanding with the Slovenian minister of economic development and technology.




News Code 113502


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