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FinancialNews
11-03-20
Iran: inauguration of 25 major electricity projects worth about USD1.709 billion
(MENAFN) On Tuesday, Iranian Energy Minister Reza Ardakanian launched 25 major electricity projects value about USD1.709 billion in 5 provinces.
The electricity projects were launched by the minister through video conference in Tehran, Fars, Hormozgan, Bushehr, and Sistan-Baluchestan provinces.
Launch of the electricity projects came in the last week of A-B-Iran plan [the acronyms A and B stand for water and electricity in Persian] under which the Energy Ministry had planned to invest some water and electricity projects across Iran every week.
The projects are connected to some combined-cycle power plants, power transmission lines and substations, in addition to some gas-fueled power plants and some renewable power plants.
MENAFN1103202000450000ID1099832426
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