EghtesadOnline: The Energy Ministry can withdraw $280 million from the National Development Fund of Iran, the country's sovereign wealth fund, to finish incomplete water and power projects, the ministry's deputy for economic and planning department said.
EghtesadOnline: The Energy Ministry has paid $900 million of its debt to private contractors over the past nine months.
EghtesadOnline: The Energy Ministry has signed agreements with knowledge-based firms and startups in the fields of robotics and industrial automation, deputy for research and human resources at the ministry said.
EghtesadOnline: The Energy Ministry has announced plans to reduce power consumption in the summer season when demand outstrips supply and phased blackouts become inevitable, Deputy Energy Minister Homayoun Haeri said Sunday.
EghtesadOnline: A proposal by the Energy Ministry to raise water and electricity tariffs by 7% was ratified by the Cabinet. The new rates will go into effect on April 21, Barq News reported.
EghtesadOnline: The Energy Ministry has settled $1 billion of its debt to private power plants over the past 11 months.
EghtesadOnline: The Energy Ministry has been appointed as the body responsible for Iran’s joint economic commissions with Russia and Germany.