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 over the next decade.

Siemens chief executive Joe Kaeser (pictured) said:

“As a first project under the license agreement, both companies signed a contract for the Bandar Abbas power plant for which Siemens will deliver two F-class gas turbines and generators. The first unit will be shipped to Iran shortly.

“With these important agreements we reinstall the long-term energy partnership between MAPNA and Siemens.

“[We] will help the Iranian people to develop a sustainable, affordable and modern electrification system to support the country’s economic and social development.”

The deal was signed during the visit of Iranian Energy Minister, Hamid Chitchian, to Germany.

(Sources: Reuters, AFP)

No comments yet.

Leave a Reply