Tuesday, 17 September 2019 06:49 GMT

Salehi: Bushehr NPP's electricity purchased cheap

(MENAFN - Trend News Agency) Baku, Azerbaijan, Feb. 25

By Elnur Baghishov – Trend:

Electricity produced by southern Iran's Bushehr Nuclear Power Plant (BNPP) is purchased at a cheap price, said Ali Akbar Salehi, Chairman of the Atomic Energy Organization of Iran, Trend reports referring to Tasnim News Agency.

Salehi said that, counting the price of exported electricity, the cost of BNP-produced electricity is $630 million a year, despite being purchased for $400 million.

"Bushehr NPP's expenses for fuel supply, spare parts and human resources make up 12 trillion rials ($1=app. 85,000-90,000 rials in the NIMA system). It is unclear how the 8-trillion deficit will be provided next year (begins March 21, 2019)," he said.

In Iran, the official exchange rate of $1 is 42,000 rials, and this exchange rate is used for the import of some essential products.

In the black market, $1 is worth about 130,000-135,000 rials.

NIMA is a system intended for the sale of a certain percentage of the foreign currency gained from the sale non-essential goods and export.

The SANA system is a system announced by the Central Bank of Iran to the currency exchange offices, where the price of $1 to date (February 25) is 128,000 rials.

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Salehi: Bushehr NPP's electricity purchased cheap

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