EghtesadOnline: The Energy Ministry plans to boost power plants’ efficiency by phasing out outdated plants and building new ones in line with its strategic plan by 2025.
EghtesadOnline: Domestic equipment manufacturers will have a 30% share in the contract with Turkish energy and construction company Unit International, which is commissioned to build two power plants in Iran, the deputy for planning at the Thermal Power Plants Holding Company said.
EghtesadOnline: Supplying natural gas to power plants, instead of liquefied fuels such as diesel and mazut, has not only curbed air pollution but also increased foreign currency revenues.
EghtesadOnline: Serious negotiations are underway with Japan International Cooperation Agency, or JICA, to finance the renovation of major power plants in the country, the Thermal Power Plants Holding Company's deputy for planning said.
EghtesadOnline: More than 90% of power stations in Iran are running on natural gas as feedstock and concerted efforts are being made to stop using fuels like mazut to generate power by the end of the current fiscal year that ends in March 2018, the managing director of Iran Power Generation, Distribution and Transmission Company, or Tavanir, said.
EghtesadOnline: The Thermal Power Plants Holding Company has signed a contract with unnamed investors to build power plants with a total electricity generating capacity of 5,000 megawatts, or 5 gigawatts, the company's deputy for planning said.
EghtesadOnline: Power plants with a combined production capacity of about 3,500 megawatts, or 3.5 gigawatts, are under construction and will join the national power grid by the summer of next year.
EghtesadOnline: The disparity between real electricity prices, which include the costs for generation and transmission, and what consumers pay for electrical power has compelled the government to pay 70 trillion rials (about $1.75 billion) in subsidies per annum, excluding expenditures on feedstock for power plants, a deputy energy minister said.
EghtesadOnline: In line with efforts to curb the burning of polluting fuels like mazut as feedstock for electricity generation, the National Iranian Gas Company provided 86 power plants with 62 billion cubic meters of natural gas in the previous Iranian fiscal that ended in March 2017 and hopes to raise that throughput this year, NIGC's director for gas supply said.
EghtesadOnline: The Energy Ministry has privatized over 50% of power plants in the last few years and Iranian Privatization Organization is assessing the value of other power stations, Energy Minister Hamid Chitchian said.