Iran’s energy minister says the country seeks to increase electricity generation capacity from renewable sources of energy to 50 gigawatts (GW) in the next five years.

Iran’s minister of industry, mine and trade expressed his ministry’s readiness to forge trade and economic cooperation with all countries.

Iran’s minister of industry, mine and trade said ten countries have shown interest in developing and broadening economic, trade and industrial interactions with the Islamic Republic of Iran.

EghtesadOnline: A power plant in the southern Iraqi city of Basra that is being built in cooperation with Iran's MAPNA Group will partially come on stream in the Iranian fiscal year that starts next March, Abbas Aliabadi , the group's managing director said.