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Pakistan to Buy More Electricity from Iran


Pakistan's Finance Ministry said in a statement today, Tuesday, that the country will buy more electricity from Iran.

Tue 08 Aug 2023 | 11:39 AM
Pakistan to buy more electricity from Iran
Pakistan to buy more electricity from Iran
By Amir Haggag

Pakistan will buy more electricity from Iran, the country's finance ministry said in a statement on Tuesday.

The decision was taken by the Economic Coordination Committee, headed by Finance Minister Ishaq Dar.

Energy-hungry Pakistan has agreements in place to buy electricity from Tehran, to supply its border regions, especially for Chinese-backed development projects in the port of Gwadar.

The proposal to buy more electricity from Tehran came a week after Iranian Foreign Minister Hossein Amir Abdollahian visited Islamabad.

The ministry did not give details about the size or terms and conditions of the new purchases.