Sadid Industrial Group intends to take part in building of power stations in Azerbaijan
Azerbaijan, Baku, Oct. 21 / Trend T.Jafarov A.Yusifzade /
One of the largest energy holdings of Iran Sadid Industrial Group, which includes 12 plants and factories, intends to take part in the project to create alternative energy sources in Azerbaijan, and in particular the construction of power stations on small and mountains rivers, Advisor to the Holding Director General Valiullah Mahabadi told Trend.
"We held talks with the Azerbaijani state and private companies, which will visit Iran to familiarize with our activities. The talks will continue and I hope we will achieve a successful conclusion," Mahabadi said.
He said Azerbaijan plans to build 50 small hydropower and wind power plants with capacity of 1,000 megawatts by 2020.
Petco Company entering the Sadid Industrial Group expressed readiness to take part in these projects. Petco Company is engaged in manufacturing pumps with capacity up to 50,000 cubic meters per hour, and turbines.
Regarding the energy sector, Mahabadi said the holding is also engaged in construction of thermal power plants, power plants of combined type, as well as water and wind power plants. Iran is the first country producing wind turbines in the Middle East.
In addition, representatives of the holding consulted with the Azerbaijani state and private companies to realize the potential of Sadid Industrial Group in the construction of cement plants, sugar plants and steel mills.
Mahabadi said the holding company includes two major Iranian plants dealing with production of oil and water pipes with a diameter of 24 to 56 inches. The volume of production that meets international standards is 700,000 tons per year.
In addition, Sadid is engaged in the construction of offshore platforms for oil and gas fields. Sadid participated in projects in the South Pars field.
The holding has a great potential in applying technology on road safety, in particular the installation of traffic signs, radar, e-systems to prevent traffic jams, and traffic lights.
Sadid is ready to get loans in Iran and abroad, as well as invest in the realization of projects in Azerbaijan.
Regarding the question of the impact of the sanctions imposed against Iran to the company, Mahabadi said the Sadid Industrial Group refers to the private sector, and the majority of Iranian companies reached a level when they themselves can provide f their needs.
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