Iran's private sector to supply needed electricity during sanctions

Business Materials 2 May 2019 11:03 (UTC +04:00)

Tehran, Iran, May 2


Managing Director of Iran's Power Plant Projects Management Company (MAPNA) Abbas Ali Abadi announced that domestic companies are working hard to supply the required electricity, considering the situation with imposed sanctions on the country.

He made the remarks at the seventh annual conference of Iran's thermal power plants at Tarbiat Modarres University, Trend reports citing IRNA.

Abadi considered the sanctions to be a factor in depriving the world of the capabilities of Iranian expert forces.

“Sanctions were designed to have an impact on the country, but Iranian experts are making sure the country doesn't have any problems," he said.

"MAPNA is working to reduce costs by meeting the security needs of the electricity industry," he said.

Abadi reminded that Iran's electricity sector ha spread to Iraq and certain steps have been taken in Syria as well.

The MAPNA Industrial Group is a complex of specialized technical companies in the fields of manufacturing turbines and all kinds of power plant parts and equipment that, in addition to providing domestic needs, export parts of its products abroad.