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The event for assigning water and power projects to attract private sector participation was held by introducing two projects from SATBA

The event for assigning water and power projects to attract private sector participation was held by introducing two projects from SATBA

In pursuance of the implementation Note 19 of the Iranian Budget Law of 2018, two projects for the construction and operation of 5 MW geothermal power plant in Meshkin Shahr and 34 units of 660 kW wind turbine from SATBA along with other water and electricity projects were presented.
Based on SATBA’s public relations and international affairs office, the presentation of water and power industry projects was held with the presence of First Vice President, Minister of energy, Deputy Ministers of energy, and the managers of water and power industry on the 11th September 2018. In this event, Dr. Ardakanian put emphasis on the participation of the private sector that can be considered as an opportunity to benefit from the knowledge, experience and financial viability, and he also mentioned that the Ministry of Energy is one of the leading organizations in attracting the non-governmental sector participation and the implementation of Note 19 of the mentioned budget. The report adds that the two proposed projects introduced by SATBA with a physical improvement of 53% and 43% related to the geothermal and wind turbine projects, respectively, and with the concession of the 20-year PPA contracts (in accordance with the approval of the Minister of energy). The projects will be awarded on the legal procedures assigned to the non-governmental sector.

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Sep 16, 2018 10:33
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