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Iranian water and electricity companies to enter EAEU market

Business Materials 10 May 2021 11:04 (UTC +04:00)

TEHRAN, Iran, May 10

Trend:

Iranian Electrical Power Equipment Manufacturing and Provision Company (known as SATKAB) will pave the way for the water and electricity companies to enter into the markets of Russia and Eurasian countries, an Iran’s Energy Ministry`s official said.

Referring to the capabilities of Iran's water and electricity industry, Seyed Abbas Jafari, an official with Iran’s Energy Ministry stressed the importance of supporting domestic companies to be present abroad, Trend reports citing IRNA.

“Identifying companies active in the "water and electricity industry" and trying to bring them in line with international standards and the level of Russian Gost standards is of particular priority of SATKAB,” he said.

Emphasizing the importance of the Eurasian market for Iran, he said that holding international exhibitions is an opportunity for water and electricity companies.

“These companies can seize the opportunity of the first Eurasia International Exhibition in Tehran to introduce themselves,” he added.

He went on to announce that the exhibition has been postponed to July,

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