EghtesadOnline: The government has allocated $1.2 billion to water management schemes in the five past years, a majority of which have been planned in collaboration with the private sector, data released by the Ministry of Energy showed.
EghtesadOnline: Energy Minister Reza Ardakanian on Tuesday inaugurated a power plant project in the town of Parand near Tehran and broke ground on several water supply and electricity generation ventures, stretching from northeastern to central and western Iran, via videoconference.
EghtesadOnline: Domestic power and water contractors are implementing 58 energy projects overseas worth $6.1 billion, since the beginning of the current fiscal that ends in March 2018.
EghtesadOnline: In the face of tight state funding and financial pressure, private companies have taken on the mantle of developing Iran's water and power infrastructure, Iran's caretaker energy minister said on Monday.
EghtesadOnline: Energy Minister Hamid Chitchian on Saturday called for incentives to encourage private investment in water and power projects in a bid to reduce the government footprint over the two key industries.