BAKU, Azerbaijan, August 18. Iran requires $1 million to produce each kilowatt of electricity and around $10 billion to build a 10,000-megawatt power plant, said Homayoun Haeri, the country's Deputy Minister of Energy, Trend reports.
Speaking at an event in Tehran showcasing the country’s first F-model gas turbine, Haeri noted that adding 10,000 megawatts to the national grid could help address electricity shortages.
However, Haeri pointed out that given the ongoing economic challenges in the electricity sector, just ramping up production won't completely sort out the shortage.
The deputy minister added that since the beginning of the current Iranian year (March 21, 2025), Iran's daily electricity consumption has reached a maximum of 77,500 megawatts, slightly lower than the same period last year, when peak daily consumption was 80,000 megawatts.
Iran’s power plants have a total production capacity of 77,032 megawatts. Combined-cycle blocks can generate approximately 35,663 megawatts, gas blocks 25,539 megawatts, and steam blocks 15,830 megawatts of electricity.
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