Iran ready to supply 3000 MW electricity to Pakistan: Iranian Ambassador

Iran ready to supply 3000 MW electricity to Pakistan: Iranian Ambassador

KARACHI: Iran has expressed desire to strengthen the bilateral economic relations with Pakistan in diverse fields.

Iran is ready to increase electricity supply to Pakistan from the existing 130 megawatts to 3,000 megawatts, said Iranian Consul General Ahmad Mohammadi.

He was speaking at the Iranian Consulate General on Thursday at an event held to mark the 38th anniversary of the Iranian revolution. Sindh Chief Minister Murad Ali Shah, who was the chief guest, and his predecessor, Qaim Ali Shah, were also present.

According to Mohammadi, the Iran gas pipeline is the cheapest, most secure and profitable source of energy for Pakistan. It is a turning point for ties between the two countries and both are determined to complete it at the earliest, he said.

Business and economic ties between Pakistan and Iran had been hampered over the past many years by international sanctions on Tehran over its nuclear programme.

In January 2016, most of the curbs were removed, which triggered extensive efforts by both sides to revive economic ties.