First online electricity purchase on Iran Energy Exchange covers 37 million kilowatt hours worth 126 billion rials

According to Iran's Energy Ministry, the chief executive of the Tehran Province Power Distribution Company said on Monday, August 3, 2026, that the company completed the first online electricity purchase through the Iran Energy Exchange on August 1, 2026. The trade covered the monthly base-load contract for the Iranian month of Shahrivar 1405 (starting late August 2026), with a volume of more than 37 million kilowatt hours worth about 126 billion rials.

Mahmoud Mahmoudi said the average electricity purchase price paid by distribution companies in the Iranian year 1404 was 1,596 rials per kilowatt hour, and that the Tehran company, buying at 1,571 rials, ranked among the best performers on cost-efficient purchasing.

He added that the company saved 5,819 billion rials while buying 4,468 million kilowatt hours of energy in 1404, and that its rial savings on energy purchases increased sixfold compared with the previous year. Expanding electricity trading on the energy exchange is part of Iran's gradual shift toward competitive price-discovery mechanisms in the power sector.