Tag Archives | Siemens

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 […]

Iran’s New Industrial Policy to “Transform Political Economy”

By Esfandyar Batmanghelidj, for Al-Monitor. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iran Business News. New Industrial Policy Poised to Transform Iran’s Political Economy This past summer, the Industrial Development and Renovation Organization of Iran (IDRO) concluded landmark agreements with French automaker Renault and transportation giant Alstom as well […]

€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 […]

Siemens to Resume Transformer Supply to Iran

Germany’s Siemens plans to resume providing power transformers to Iran, the commercial director of its licensed production company says, attributing the development to Iran’s nuclear deal with six world powers. “Thanks to the entry into force of the JCPOA (the official acronym for the nuclear agreement), representatives of Germany’s Siemens travelled to Iran to set […]

Siemens to sell 12 Compressors to Iran

Germany’s Siemens has received a major order for 12 compressor trains for two onshore natural gas processing plants in Iran. The company Palayesh Parsian Sepehr will operate the plants. Siemens’ customer is the EPC Hampa Engineering Corporation. The order volume is in the high double-digit million euro range. Commercial operation is expected end of 2018. […]

German Transport Minister Due in Tehran Friday

German Transport Minister Alexander Dobrindt is scheduled to pay an official visit to Tehran this week to hold talks with senior Iranian officials. Dobrindt will lead a trade delegation to the Iranian capital on Friday to sit down with his Iranian counterpart Abbas Akhoundi, Reuters reported. It added that senior officials of the country’s engineering […]

Siemens to Supply Iran with 50 Diesel-Electric Locomotives

Germany’s Siemens has signed an agreement with Iranian power and infrastructure group MAPNA to supply components for 50 diesel-electric locomotives to Iran, a report said. Under the contract, Siemens will deliver the components, which will be assembled in Karaj, Iran’s fourth-largest city, Business Recorder reported. The deal was signed during an official visit of German […]

Iran talks with Siemens for Train Car Production

Iran’s private sector has begun negotiations with Siemens engineering company in Austria for manufacturing train cars inside Iran, an official said. Iran has the capacity for local production of train cars, Deputy Industry Minister Mojtaba Khosrotaj told Tasnim on Saturday, when asked about the latest status of car imports from Russia. There are grounds for […]

Siemens Ships 1st F-Class Turbine to Iran

Germany’s Siemens has shipped the first F-class gas turbine for the project Bandar Abbas to Iran, according to a report by Diesel and Gas Tribune. The turbine has been delivered to the Islamic Republic as part of a contract between Siemens and Iran’s MAPNA. In March 2016, Siemens signed an agreement with MAPNA, Iran’s largest […]

NIGC in Talks with German Firms over Gas Exports

Azizollah Ramezani, the international affairs director of the National Iranian Gas Company (NIGC), said Tehran is in talks with a number of German companies over exporting gas to Europe. The NIGC is preparing the ground for gas exports to European destinations, Ramezani said on Monday, Shana reported. He added that talks are underway with a […]

Iranian Experts Reverse Engineer Siemens Turbine

Iranian engineers have successfully carried out measures to reverse-engineer the SGT-100 industrial gas turbine that is originally supplied by Siemens. The SGT-100 gas turbine is an industrial gas turbine in the power output range from 5 to 6 megawatts (MW) which combines compact and rugged construction with advanced technology. The reverse-engineering project was completed by […]

Iran in Talks with Siemens, Rolls-Royce

The Iranian energy minister said the country has opened talks with British aero engine-maker Rolls-Royce and German industrial group Siemens to ramp up foreign investment in its energy infrastructure. No deals were struck but Siemens and Rolls-Royce are interested, Hamid Chitchian said after a meeting with representatives of both companies in London earlier, the Financial […]

NIGC, OTC, Siemens sign Trilateral MoU

The National Iranian Gas Company (NIGC) and Oil Turbo Compressor Co. (OTC) signed a Memorandum of Understanding with Germany’s Siemens. Managing Director of NIGC, Hamidreza Araqi, Managing Director of Oil Turbo Compressor Group (OTC Group), Saeed Mohtadi, and Siegfried Russwurm, a member of the Managing Board of Siemens, inked the cooperation document on Tuesday. Repairing […]

Siemens signs Energy Deal with Iran’s MAPNA

Germany’s Siemens said on Wednesday that it has signed a memorandum of understanding (MoU) with Iran’s MAPNA to help modernise Iran’s energy infrastructure. Siemens said that under the deal, MAPNA would acquire technological knowhow to manufacture Siemens gas turbines in Iran, and the parties would cooperate to deliver more than 20 gas turbines and generators […]

Iran eyes Joint Ventures with Siemens

By John Lee. Iran’s Minister for Petroleum has suggested that Germany’s Siemens could set up joint ventures with Iranian companies to supply products to the Middle East and Central Asia. Bijan Zangeneh told the President and Chief Executive Officer of Siemens AG, Joe Kaeser, who was visiting Tehran on Monday: ‘Siemens can manufacture joint products […]