EghtesadOnline: Deputy Industries Minister Saeed Zarandi said losses inflicted by power outages on steel mills affiliated to the Iranian Mines and Mining Industries Development and Renovation Organization have been estimated to reach $235 million per week.
EghtesadOnline: The electricity loss in transmission and distribution networks in Iran is about 40 terabyte hours per year, which is equivalent to 43% of the annual electricity consumption in the household sector, the head of Energy Commission of Tehran Chamber of Commerce, Industries, Mines and Agriculture said.
EghtesadOnline: Tehran Chamber of Commerce, Industries, Mines and Agriculture says recent power outages have inflicted between 1-5 billion rials ($4,000-20,000) worth of losses on businesses.
EghtesadOnline: In a bid to alleviate the power shortages that have led to rolling blackouts the Iran Power Generation, Distribution and Transmission Company (Tavanir) has told cryptomining units to suspend their activities until further notice.
EghtesadOnline: The state-run Power Generation, Distribution and Transmission Company (Tavanir) offered standard salaf contracts worth 15 trillion rials ($60 million) at the Iran Energy Exchange on Sunday. The contracts were issued by the Gilan Regional Electric Company.
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: Twenty electricity and water projects costing over $23 million were launched in six provinces on Tuesday.
EghtesadOnline: To reduce water use from depleting underground resources in Mazandaran Province, a desalination unit is set to become operational at Shahid Salimi (Neka) Power Plant in April, head of the power station said.
EghtesadOnline: The state-run Iran Power Generation, Distribution and Transmission Company (Tavanir) says the national grid cannot take loads higher than 40 gigawatts in winter.
EghtesadOnline: The heads of the three branches of power convened on Monday to discuss ways of neutralizing sanctions.