Deputy of Power Market Department of Iran Grid Management Company said: "With the Approval of Securities and Exchange High Council, Energy Forum with a focus on electricity will be launched."

In an interview with Mehr reporter, Mr. Reza Riahi said: "Securities and Exchange High Council is agreed with launching Energy Forum with a focus on electricity. Accordingly, at the present time, the country has Energy Forum in addition to Oil Forum to be able to organize the country's energy sector deals. So actually, Power Forum will be launched at the country."

Deputy of Power Market Department of Iran Grid Management Company added: "Securities and Exchange High Council is agreed with launching Energy Forum with a focus on electricity. Recall of launching Power Forum within the framework of shareholders groups which is approved by Securities and Exchange High Council will be done soon."

He reiterated: "according to the law, any real or legal shareholder can have more than 2.5% Forum, directly or indirectly. Thus, after Recall, Registration of real and legal persons will be done to become specified the establisher of this Forum, as soon as possible."

According to Mr. Riahi, 20% of the shares of Power Forum will be presented to the public, after settling the shares of foundations. Energy Forum will be launched up to September 2011, meanwhile trading arrangements will be provided from 23, Sep. 2011 to 19, Mar. 2012.

He declared: "Iran is sixteenth country's electricity producers in the world which transferring the power plants to the private sector and the time difference between Iran and the neighboring countries enable the plants to export their surplus productions to the neighboring countries, at the fair prices."