ISLAMABAD (IRNA) -- Pakistan and Iran Saturday decided that launching ceremony of transmission line for import of 100 MW power for the city of Gawadar in Balochistan from Iran will be held in next month during the visit of Iranian Minister of Energy to Pakistan on October 15 to 17.

The decision was taken in a meeting between of Ambassador of Iran to Pakistan Mashallah Shakeri and Pakistan Minister for Water and Power, Raja Pervez Ashraf in his office, a statement said.
They discussed matters of mutual interest, bilateral relations to further boost economic ties between the two countries.
“It was also agreed to expedite the process of importing 1000 MW power by Pakistan from Iran on fast track basis for its early completion,” the statement said.
The Ambassador offered to invest in the power projects and said that the Iranian companies are also interested in upgrading projects of transmission lines system in Pakistan on low cost basis.
He also offered sizeable investment in hydro power plants and expressed intention to finance power projects in Pakistan.
The Ambassador stated that the Iranian government would provide all type of assistance to the new political government in every sector.
The Minister while welcoming the Iranian envoy said that Pakistan had close brotherly relations with Iran. Pakistan values the help and support of Iran and is desirous of expanding bilateral relations in all sectors.
The Minister said that currently Pakistan is facing many internal and external challenges and energy deficit is also one of them.
The government is taking necessary measures to generate electricity to bridge the demand and supply gap through fast track projects.
The government has planned to bring 35,000 MW by the year 2016 and steps are being taken in this regard.
He informed that the government now attaches high priority to exploit the indigenous resources like coal, hydro-electric and wind for power generation.
He said that first wind mill in the private sector will be operative next month.
Mr. Ashraf lauded the offer of the Iranian side and said that Pakistan has already signed an MOU to purchase of 1000 Mw from Iran.
He assured his full support and assistance to facilitate Iranian investors to invest in water and power sectors in Pakistan.
He expressed that this meeting would further strengthen and enhance the bilateral and economic relations between the two countries.