Iran invests over $3.8 B in electricity and water projects

Iran, Tehran: Iran has invested over $3.87 B (162.6 T rials) in electricity and water generation over the last year, according to the Minister of Energy Reza Ardakanian.

The minister noted that with new dams going operational last year, 215 MW of power generation capacity has been added to the total capacity of the country’s power plants. “Last year 126 MW of capacity was also added to the country’s solar power plants,” he added.

The projects which are due to be implemented or inaugurated are some 5119 electricity transmission and distribution projects worth near $602.5 M (27.23 T rials), over 183 MW capacity of renewable projects and seven power plants projects worth $2.09 B (88 T rials).

Source: Tehran Times

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