He made the remarks in an exclusive interview with IRNA and added, “setting up joint working group was agreed by Afghanistan president and now, we are waiting for the establishment of the committee as soon as possible.”

In this committee, date for organizing summit of joint economic cooperation commission will be consulted, he said, adding, “then, necessary measures will be taken for holding the summit.”

Elsewhere in his remarks, Ardakanian pointed to the agreement inked between Iran and Afghanistan for repairing Afghan’s electricity transformers and turbines and added, “necessary measures have been taken in this respect.”

For this purpose, Deputy Minister of Energy Homyoon Haeri along with Managing Director of Iran’s Power Generation and Transmission Company (TAVANIR) Mohammad Hassan Motavalizadeh visited Afghanistan in August 17 for holding talks with senior officials of Afghanistan Ministry of Water and Energy which led to signing and sealing a Memorandum of Understanding (MoU) between energy officials of the two countries.

Renewing contract for Iran’s electricity exports to Afghanistan, cooperating to reduce electricity network losses in Afghanistan, developing Afghanistan power grind, constructing Zaranj electricity transmission line in Afghanistan, renovating Afghanistan electricity grid as well as reconstructing a number of power turbines and transformers of Afghanistan were discussed in this bilateral meeting.

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Synchronization of power grid and increasing electrical connections between Iran and Afghanistan were the main topics as highlighted in the MoU, the deputy energy minister added.

The MoU can cause private sectors of the two countries to be supported duly, he said, adding, “accordingly, Iran’s private sector can participate in Afghanistan’s electricity projects.”

In addition, this MoU can bring about suitable condition for Afghanistan to have electrical connection both with Iran and Turkmenistan, the Deputy Minister of Energy Haeri added.

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He made the remarks in an interview with IRNA on Sunday and added, “up to the present time, five companies have made $370 million worth of investment in in this field in Afghanistan.”

However, Afghanistan is ready to take advantage of high capabilities of Iranian companies in this respect, the Afghan energy minister stressed.

Since only 40 percent of Afghan people has enjoyed electricity, this country is a profitable and lucrative market for Iranian companies working in the field of generation of electricity, he said, reiterated, “so, capable and competent Iranian companies can take advantage of this opportunity.”

Elsewhere in his remarks, he pointed to a recent joint commission meeting held between Iran and Afghanistan and added, “it was envisioned that a specialized Iranian delegation will travel to Afghanistan for feasibility studies of plans.”

Islamic Republic of Iran has high capacities in electricity sector, so that these capacities can be used in Afghanistan for generation of electricity.

Repairing and maintaining worn-out equipment, reconstructing generators sustained damages caused by Afghanistan war and assisting Afghanistan to develop and boost its electrical capabilities are a part of talks held with Iranian delegations, the minister added.

Afghan Minister of Water and Energy Mohammad Gul Khulmi termed electrical connection of neighboring countries ‘important’ and added, “this power connection will follow regional stability.”

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He put the country’ current electricity export capacity to Iraq at 60 megawatts.

Presently, a considerable portion of energy is exported to neighboring countries through Gharb (West) Regional Electricity Company’s grid, he said, adding, “the company is regarded as one of energy export corridors to neighboring Iraq.”

Managing Director of Gharb (West Regional Electricity Company Ali Asadi once again reiterated, “by increasing power generation capacity and developing ultra-distribution and transmission network in the region, the country enjoys high capability and potential to increase its export capacity from 600 megawatts to 1,200 megawatts electricity.”

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“Presently, a considerable portion of Iran’s energy is exported to neighboring countries via the company’s power grid, making Gharb Regional Power Company one of the energy export corridors to neighboring Iraq.”

Equipped with diesel generators, Gharb Regional Power Company has managed to meet about 75 percent of its domestic consumption of power, he said, adding, “there has been no power outage in the company due to accurate power management.”

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Pakistan’s Minister for Power Omar Ayub Khan says his country is looking forward to boost its existing power cooperation with Iran.

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