• $
  • £

Azerbaijan, Iran, and Russia are preparing to launch electricity exchange

Azerbaijan, Iran, and Russia are preparing to launch electricity exchange
16.05.2025 15:41

The feasibility study for the integration of the power systems of Azerbaijan, Iran, and Russia has been completed, and the three countries are ready to move forward with practical implementation. In the first phase, up to 200 MW of electricity will be transmitted from Russia to Iran via Azerbaijan’s grid.

The announcement was made by Russian Deputy Energy Minister Yevgeny Grabchak during a roundtable titled “Russia–Iran: Localizing Gas Turbine Production” held in Kazan.

“Discussions are actively ongoing. Around 200 MW can already be transferred to Iran through Azerbaijan. We are awaiting the official position of our Azerbaijani colleagues. We have agreed to hold trilateral consultations soon. The feasibility study is complete — we know the costs, and the project is technically feasible,” Grabchak said.

The project aims to establish an integrated regional power network to improve energy supply stability and facilitate electricity exchange among the three countries.

Similar news
Similar news
Azerbaijan central bank cites external factors and demand as main inflation drivers
Business 17:27
Azerbaijan central bank cites external factors and demand as main inflation drivers
Azerbaijan Airlines adds flights to Istanbul and Tbilisi
Business 17:00
Azerbaijan Airlines adds flights to Istanbul and Tbilisi
Five-star Baku Resort & Spa opens on Issyk-Kul shore
Business 16:30
Five-star Baku Resort & Spa opens on Issyk-Kul shore
TuranBank Launches Preferential Loans Financed by the Energy Efficiency Fund
Business 16:26
TuranBank Launches Preferential Loans Financed by the Energy Efficiency Fund
AzInTelecom cloud service users rise to 247
Business 15:59
AzInTelecom cloud service users rise to 247
Azerbaijan central bank forecasts 0.5% GDP growth in 2026
Business 15:30
Azerbaijan central bank forecasts 0.5% GDP growth in 2026
Azerbaijan’s gas exports to EU rise 56% since 2021
Business 14:57
Azerbaijan’s gas exports to EU rise 56% since 2021
bp and partners invest over $89 billion in Azerbaijan projects
Business 14:36
bp and partners invest over $89 billion in Azerbaijan projects
Appeal hearing for TikToker Arzum 9999 postponed until August 7
Business 14:00
Appeal hearing for TikToker Arzum 9999 postponed until August 7
Anews TV

Our official Youtube channel

Subscribe