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FinancialNews


  • 19-05-21

    Iran announces allocation of USD761.2M for emergency water supply

    (MENAFN)Iranian Energy Minister Reza Ardakanian reported the allocation of 32 trillion rials (USD761.2 million) for emergency water supply in provinces that are confronting severe water lack in this Iranian year.

    “Approving 32 trillion rials of resources for implementing emergency water supply programs in dry provinces is going to ensure sustained supply of water for people living in such regions,” Ardakanian further stated in a ceremony for launching new projects in the seventh week of the ministry’s A-B-Iran scheme.

    The decrease in rainfalls in the current water year has caused a 3,200-megawatt drop in the country’s electricity production.

    The minister urged people and authorities to monitor electricity and water consumption by households and government entities to pass the summer’s peak consumption period without any lacks.

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