EghtesadOnline: An estimated $1 billon is invested in power sector per annum, but to meet growing demand in coming years this should at the least double, the Energy Ministry spokesman for the power department said in Tehran.
EghtesadOnline: The sharp rise in household gas consumption due to the cold weather has resulted in cutting gas supply to other sectors, including cement factories and power plants. In the past week feedstock (natural gas) supply to some petrochemical plants was reduced or completely cut off.
EghtesadOnline: Despite the fact that in the past few years almost 50% of foreign direct investment in Iran’s power sector was in green energy, some 200 companies active in the renewable sector are facing insolvency, board member of Iran Renewable Energy Association (IrREA) said Tuesday.
EghtesadOnline: Energy Minister Reza Ardakanian said the ministry's annual turnover [export revenue not included] stands at $2 billion.
EghtesadOnline: Afghan minister of water and energy has invited private companies in Iran’s power sector to help his war-ravaged country rebuild its electricity infrastructure.
EghtesadOnline: Legalizing cryptocurrency mining would help the power sector, head of the board of directors of the Power Generation Companies Syndicate said Monday.
EghtesadOnline: More than 700,000 transformers are used in the domestic power distribution network and according to statistics one-third are worn out and need to be replaced, a member of Iran Electricity Industry Syndicate said.
EghtesadOnline: The power industry has a better performance compared to other sectors when it comes to exporting technical and engineering services, vice president of Iran Electrical Industry Syndicate said.
EghtesadOnline: Iraq is willing to boost technical cooperation with Iranian power engineering firms, the Arab country’s electricity minister said.