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  • 10-12-20

    Iran invests 154 projects of water, electricity with USD 11b

    (MENAFN)154 major water and electricity projects have been set into operation in the country from the begging of this year in the Iranian calendar, declared Iranian Energy Minister Reza Ardakanian.

    500.7 trillion rials (over USD11.921 billion) has been invested for the stated projects, which have been launched in the framework of the Energy Ministry"s A-B-Iran programs, he further added.

    In the last Iranian calendar year, A-B-Iran program (the acronyms A and B stand for water and electricity in Persian) was started, in which the minister made 31 trips to a variety of provinces for launching over 220 major projects with a whole investment of 335.6 trillion rials (over USD7.99 billion).

    Every week a number of energy projects have gone operational across the country, from the beginning of the second stage of the system in this year in the Iranian calendar year.

    MENAFN10122020000045011369ID1101260309

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