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Iran's major mining companies to build power plants

Oil&Gas Materials 22 June 2021 13:11 (UTC +04:00)
Iran's major mining companies to build power plants

BAKU, Azerbaijan, June 22

By Elnur Baghishov – Trend:

The Ministry of Industry, Mine and Trade of Iran and the Ministry of Energy will sign a contract on construction of 10,000-megawatt power plants by the Iran's major mining companies in the near future, Trend reports citing the Iranian Mines and Mining Industries Development and Renovation Organization (IMIDRO).

According to the report, in this regard, a number of meetings were held between the two ministries and preliminary agreements were reached.

“Iran's major mining companies will invest $5 billion in construction of power plants,” the report said.

About 10 percent of these power plants will be solar panels and wind power stations, the report said.

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