Power generated by Iran’s only nuclear plant at over $8bn: Report
Iran’s only nuclear power plant has generated some $8.2 billion worth of electricity since it was launched more than 11 years ago, according to a report published in the local media.
The Tuesday report by the Fars news agency, citing figures from the Atomic Energy Organization of Iran (AEOI), said that the Bushehr Nuclear Power Plant has generated some 68,353 gigawatt hours (GWh) of electricity from September 2013 until September last year.
The report said that the total budget spent on the construction Bushehr plant was $4 billion, adding that the performance of the plant justifies Iran’s plans for building more nuclear power stations in the country.
It said that the Bushehr plant, located in southern Iran along the Persian Gulf coast, has powered some two million homes in Iran, adding that the on-time maintenance and overhaul operations carried out on the plant have enabled it to work almost non-stop in the past 11 years.
The figures come after reports published by Persian-language news services outside Iran claimed that the construction of the Bushehr Nuclear Power Plant has incurred billions of dollars of losses on the country.
That comes against the backdrop of similar reports and analyses suggesting that Iran should stop investing in nuclear technology because of its technological and political complications.
Iranian authorities have announced the country is planning to build more nuclear power stations to respond to the growing demand for energy in the country.
AEOI chief Mohammad Eslami said in September last year that Iran was seriously pursuing plans to build new nuclear power plants in the north and south of the country because of the high efficiency rates that exist in the sector.
Eslami also said that the country has extensive plans for uranium mining in the country because it needs the heavy metal for the production of uranium oxide concentrate, or what is known as yellowcake, to use it for electricity generation in Bushehr plant and facilities that would come on line in the future.
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