Iran to finance $300 million power supply project in Pakistan

[A.Rafay]

AZERBAIJAN, BAKU - Iran will finance a power supply project in Pakistan, valued at $300 million, ISNA quoted Iranian deputy energy minister Mohammad Behzad as saying.
A joint committee has been formed to study the feasibility of exporting 6,000MW of electricity to Pakistan, he added.
The two governments have signed an MOU in this regard, he noted.
The project would cost $451 million, of which $300 million will be ensured by Iran, he said.
Meanwhile IRNA reported that Iranian Energy Minister Majid Namjou had said that Iranian experts will construct a power plant soon on Iranian border with Pakistan to export electricity to Pakistan and India
He said the plan is under negotiations between the two countries' officials, and will be implemented upon a request made by the Pakistani President to his Iranian counterpart.
He said Pakistan has also asked Iran to construct small power plants which will be built by MAPNA company once a consensus is reached.

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[BATMAN]

How does exporting energy amounts to investment?

Iran... exporting, means the flow of $ is direction Iran and not Pakistan.

 

[Skull and Bones]

How does exporting energy amounts to investment?

Iran... exporting, means the flow of $ is direction Iran and not Pakistan.

And you're getting that much required power for industries. One way or other you have to pay someone for that oil, does it matter if Iran is in the receiving end?

 

[BATMAN]

And you're getting that much required power for industries. One way or other you have to pay someone for that oil, does it matter if Iran is in the receiving end?

No it does not....
Actually i would favour to pay Iran instead of Indians, still it does not mean that.. while Pakistan is paying in $ and news candidly title Iran is investing.