Tag Archives | electricity

500MW Power Plant Planned in West Karoun

Development of jointly owned oil fields in the West Karoun area in western Iran remains a priority for the Iranian Ministry of Petroleum. Iran is currently recovering more than 350,000 b/d of oil from these fields, which is expected to reach 1.2 mb/d in coming years. A major requirement for reaching such production levels would […]

Iraq Fails to convince Iran to Resume Power Supply

Iraqi Electricity Minister Qassem Al-Fahdawi (pictured) said yesterday that his country has failed to convince Iran to resume supplying Iraq with electricity. Last Friday, Al-Fahdawi along with an Iraqi delegation arrived in Tehran where they held talks with Iranian officials to resume supplying Iraq with 1,000 megawatts of electricity, which Tehran cut off about two […]

Iran to sign Power Deal with Georgia

The CEO of the National Iranian Gas Company (NIGC) said the company was preparing an electricity contract to sign with Georgia for export of 10% of the power it receives from Armenia in exchange for natural gas. Speaking to Shana, Hamid Reza Araqi said NIGC had earmarked 10% of the gas it receives from Armenia […]

Gas Supply to Chabahar Power Plant complete by May

An Iranian gas official says the first phase of gas supply to Chabahar power plant for delivering a million cubic meters per day of natural gas to the facility will be complete by late May. Speaking to Shana, Saeid Momeni, the director of gas distribution department of the National Iranian Gas Company (NIGC), said the […]

Iraq to continue Importing Electricity from Iran

By John Lee. Iraq’s Minister of Electricity Qassim Mohammad al-Fahdawi has met with a visiting delegation from Tehran headed by Iran’s Minister of Industry, Mine and Trade, Mohammad Shariatmadari. They renewed for an additional year a contract under which Iran sells electricity to Iraq. Through four major supply lines, Iran sends 1,000 megawatts of electricity […]

JICA to Finance two Iranian Power Plants

By John Lee. The Thermal Power Plants Holding Company has reportedly signed an agreement with the Japan International Cooperation Agency (JICA) for two power plants in Iran. Managing Director Mohsen Tarztalab said the agreement covers the Shahid Mofateh and Shahid Rajai power plants. He added that JICA’s estimated facilities for the two plants is $800 million. […]

700 MW of Clean Electricity to Be Added

Iran’s deputy energy minister said about 700 megawatts (MW) of electricity generated by the country’s clean power plants will be added to the national grid by late September 2018. Speaking to the Islamic Republic of Iran Broadcasting (IRIB), Seyed Mohammad Sadeqzadeh said the number of power plants generating electricity from renewable resources such as wind […]

Iran to Improve Efficiency of Power Plants

An Iranian official unveiled plans for an increase in the efficiency of the country’s power plants under a grand development initiative, saying the Energy Ministry has entered business negotiations with domestic and international investors to that end. In an interview with the Tasnim News Agency, Deputy Energy Minister for Power and Energy Affairs Hooshang Falahatian […]

Iran’s Power Generation Capacity Nears 78,000 MW

Iran’s nominal capacity to produce electricity has reached about 78,000 megawatts (MW) following the connection of a number of power plants to the country’s national grid over the past two weeks. The country’s overall nominal capacity to generate electricity has increased by 381 MW over the past two weeks, reaching 77,987 MW. During the mentioned […]

Germany’s Siemens Delivers 2nd F-Class Turbine to Iran

Siemens, the German industrial group, has shipped the second F-class gas tribune to Iran, a report said. Siemens has shipped the second F-class gas turbine for the project Bandar Abbas to Iran, Iranian media reported on Saturday. The first of the two F-class gas turbines to be used at the Bandar Abbas power station was […]

Major Power Projects in Khuzestan Province

Iran plans to start the construction phase of five major power plant projects in the country’s southwestern province of Khuzesan this Iranian year (ends on March 20, 2018), Energy Minister Reza Ardakanian said. Speaking to IRIB, the energy minister said that these projects would produce 3,600 megawatts (MW) of energy. At present, the province enjoys […]

New Plant Raises Ceiling on Iran’s Power Output

The launch of a new power plant south of Iran increased the country’s capacity of electricity generation by 160 megawatts (MW). The first unit of Samangan Combined Cycle Power Plant in Iran’s southern province of Kerman has come into operation, raising the overall capacity of electricity generation to 77,446 MW. In a combined cycle power […]

New Work Begins at Bushehr Nuclear Plant

The excavation process for the construction of new sites for the second and third reactors of Bushehr nuclear power plant in southern Iran began on Tuesday. The project kicked off in a ceremony at Iran’s southern port city of Bushehr, attended by Head of the Atomic Energy Organization of Iran (AEOI) Ali Akbar Salehi, nuclear […]

Iran, Italy sign Gas Deal

Italy’s Ansaldo Energia has signed a memorandum of understanding (MoU) with several subsidiaries of the National Iranian Oil Company (NIOC) for converting flare gas into electricity at the supergiant South Pars Gas Field. In its first phase, the Italian company will produce 600 MW electricity and in the second phase about 1,000 MW electricity will […]

Pakistan to Import Additional Power from Iran

By John Lee. The government of Pakistan is considering importing 100 MW of additional electricity from Iran. According to a report from Pakistan Today the additional power would be used to meet the growing demand for electricity in Gawadar city. At present, power demand in the Gawadar area is met through import of 104 MW […]

$60bn In Renewables Revenue By 2023

By John Lee. Deputy Energy Minister Houshang Fallahatian (pictured) has said he expects Iran’s installed renewable energy capacity, excluding hydro-electric power, to exceed 700 MW by the end of the current Iranian year (March 2018). He added that the country currently has 77,000 MW of capacity, of which 360 megawatts is renewable energy. Most of […]

Quercus plans EUR 500m Iran Solar Project

By John Lee. UK-based renewable energy investor Quercus will reportedly invest over half a billion euros in a solar power project in Iran. Chief executive Diego Biasi (pictured) told Reuters that construction of the 600-megawatt (MW) plant will start in the first half of 2018. He added that the firm embarked on such a big project […]

New Hydroelectric Power Plant in Western Province

Iran inaugurated the first unit of a new hydroelectric power plant in the western province of Kermanshah that increased the country’s nominal capacity to produce electricity to more than 77,100 megawatts (MW). The first unit of the Darian power plant in Kermanshah was recently connected to the national grid, increasing the country’s nominal capacity from […]

€3bn Siemens Credit Line on the way

By John Lee. Germany’s Siemens is reported to be preparing to provide 3 billion euros in financing for rail and power projects in Iran. Deputy Minister of Road and Urban Development for International Affairs, Asghar Fakhriyeh-Kashan, said on Tuesday: “Through financing a number of construction projects, Siemens plans to enter into a joint venture with […]

Power Generation Capacity exceeds 77,000 MW

Iranian Deputy Energy Minister Houshang Falahatian announced that the country’s nominal capacity to produce electricity has surpassed 77,000 megawatts (MW). Speaking to the Tasnim News Agency on Monday, Falahatian said over the past year, the country’s power generation capacity has increased by about 2,000 MW. With the coming into service of three gas units of […]