Tag Archives | Kerman

Projects worth over $2.2bn open in Kerman

Projects in Golgohar Mining and Industrial Complex and other economic and infrastructural projects in Kerman province worth over 100 trillion rials ($2.2bn) have been opened in the presence of President Rouhani. Dr Hassan Rouhani also opened line 7 of ironstone concentrate production with a production capacity of 2 million a year. To construct the complex, […]

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 […]

Austrian Firm opens Iranian Solar Park

By John Lee. Austria’s KPV Solar GmbH has this week connected its first Iranian solar power station to the network. The 1.2 MW plant (pictured) in Rafsanjan, Kerman province, was planned and installed within six months. According to a report from PV Magazine Deutschland, the development will be paid 0.12 euros per kilowatt-hour over 20 […]

Iran Starts Building Mideast’s Largest Solar Farm

Iran’s energy minister on Thursday inaugurated a project to build the Middle East’s largest solar plant in the country’s southeastern province of Kerman. Construction of the major power plant kicked off in an area between the cities of Kerman and Bam, in a ceremony attended by Energy Minister Hamid Chitchian. The project requires an investment […]

$3bn needed for Airport Development

By John Lee. The Iranian government is reportedly seeking private investors to fund a $3-billion expansion of the airports at Mehrabad, Imam Khomeini, Tabriz, Mashhad, Isfahan, Kerman and Shiraz. Trade Arabia reports that Iran has already gathered around $2.35 billion in foreign investments through memorandums of understanding, and secured $650 million in firm contracts. Among […]

Iran Discovers New Shale Oil Deposit

An Iranian official announced the discovery of new shale oil reserves in the country’s western province of Lorestan. Oil exploration studies in Qalikooh region in the province of Lorestan led to the discovery of a new shale oil field with 2 billion barrels of in-situ oil reserves, Bahman Soleimani, an official at the Exploration Directorate […]

Daewoo signs Power Plant Deal in Iran

By John Lee. South Korea’s Daewoo Engineering & Construction has signed a contract to build a 500-megawatt (MW) combined-cycle power plant in Iran’s southeastern city of Kerman. The estimated value is some $500 million. Under the deal with Iranian investment firm Omid, Daewoo E&C will team with the state-run Korea Western Power and Gohar Energy […]

Dubai-Based Company Eager to Finance Projects in Iran

Yellow Door Energy, a company with technical expertise in solar energy projects in the Middle East, has expressed willingness to finance two solar power plants in Iran. Representatives of the company, which is headquartered in the Emirati city of Dubai and is mostly owned by Adenium Energy Capital, held a meeting at the Renewable Energy […]

Mittal signs €1bn iron deal in Iran

India’s Mittal Steel signed a €1-billion contract on Tuesday to produce iron in southern Iran. According to Press TV, the contract signed with Mahan Industries and Mines Development Company – a subsidiary of Iran’s Tourism Financial Group – envisages extracting iron and building a processing plant in the southern province of Kerman. Mahan has not specified […]