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Industries

  • EghtesadOnline: Iran's Thermal Power Plants Holding Company, a subsidiary of the Energy Ministry, is willing to cede the ownership of state power stations to major power users, including automakers, steel complexes and cement factories, the managing director of TPPHC said.

  • EghtesadOnline: An official at the Ministry of Industries, Mining and Trade denied “exaggerated” claims by the Iran Power Generation, Distribution and Transmission Company (Tavanir) about the role of illegal cryptominers in the ongoing power shortages.

  • EghtesadOnline: The shortage in intravenous therapy (IV) fluid bags in Iran is due to five main reasons, according to the head of Tehran Chamber of Commerce, Industries, Mines and Agriculture’s Health Economy Committee.

  • EghtesadOnline: Big power users, including automakers, steel complexes and cement factories who say load shedding will sound the death knell of their industry, want the government to pass regulations to help them generate their own electricity because they no longer want to be at the mercy of the state-run Power Generation, Distribution and Transmission Company (Tavanir), the Energy Ministry's deputy for economic and planning department said.

  • EghtesadOnline: The Securities and Exchange Organization and Industries Ministry signed a memorandum of understanding on Wednesday to inject “small funds” into business finance.

  • EghtesadOnline: The Ministry of Industries, Mining and Trade has issued license for 30 cryptomining units, according to the figures published on ministry website.

  • EghtesadOnline: The Expediency Council, a powerful body that resolves disputes between the parliament and Guardians Council, approved the establishment of seven free trade zones and 13 special economic zones last week.

  • EghtesadOnline: The era of high demand for oil and petroleum products will not be as before, most experts and analysts say. Nonetheless, Iran still has the opportunity to restore its lost market share if it carefully avoids conflict with neighbors, especially Saudi Arabia, the head of the Energy Commission of Iran Chamber of Commerce, Industries, Mines and Agriculture said.

  • EghtesadOnline: The Majlis passed a bill last week based on which electricity tariffs for energy-intensive industries, namely cement factories, refineries and petrochemical and steel companies will increase fourfold to 1.6 cents per kilowatt hour.

  • EghtesadOnline: Eighty-six industrial plants increased their production by more than 100% during the 10 months to Jan. 19 compared with the corresponding period of last year, says Deputy Industries Minister Saeed Zarandi.