Iranian government decides to privatize ten power plantsJuly 22nd, 2008 - 8:51 am ICT by ANI
Nicosia, July 22 (ANI): The Iranian government announced today its decision to proceed with the privatization of ten power plants.
The process will start in two weeks time and will be completed by next March, the Minister of Energy Parviz Fattah told journalists.
Fattah said that gradually 80 power plants would be handed to the private sector and added: At present, the privatization of ten power plants is being finalized. We have completed our part of the process and it is now up to the Ministry of Economy and Finance and Iran’’s Privatization Organization to decide about the rest,” Fattah told the Mehr News Agency.
The Minister added that the private sector is constructing a number of power plants and said that currently the private sector generates 3000 MW of electricity.
Meanwhile, the cabinet has approved 1,665 billion rials from Iran Power Development Company’’s funds for developing Kashan’’s combined cycle power plant. (ANI)
- Iran opens combined cycle power plant; first to use gas and solar energy - May 17, 2011
- Iran to build power plant in Syria - Mar 11, 2012
- Major steps to boost power generation soon - Aug 25, 2012
- ONGC to set up n-plant, fertilizer unit, solar projects - Dec 29, 2011
- Iran launches first 'homemade' car - May 10, 2010
- Uranium ore mine commissioned in Andhra Pradesh (Lead) - Apr 20, 2012
- Reliance Power synchronises unit at Butibori thermal plant - Jun 26, 2012
- Reliance Power's Tilaiya project gets approval for carbon credits - Oct 03, 2011
- Neyveli Lignite to add 250 MW power this fiscal - Dec 24, 2011
- Iran's sole n-power plant becomes operational - May 19, 2011
- Himachal legislator seeks probe into Jaypee's project - Mar 27, 2012
- L&T, Nuclear Power Corp in $370-mn venture - Nov 30, 2009
- CAG unravels Rs.14,000 crore cost overruns in hydro projects - Aug 31, 2012
- Iran finds new gas field - Aug 09, 2011
- Iran to invest $571 mn in Armenia - Dec 27, 2011
Tags: combined cycle power, combined cycle power plant, cycle power plant, economy, electricity, fattah, finance, iran, iranian government, journalists, kashan, mehr news agency, minister of energy, mw, parviz, power plants, private sector, privatization, rials