Iran's SUNIR praises JCPOA for paving way to new projects

Business Materials 26 August 2016 18:57 (UTC +04:00)

Tehran, Iran, August 26

By Mehdi Sepahvand - Trend:

SUNIR (Iran Power & Water Equipment and Services Export Company) held negotiations over projects worth some $20 billion, following the implementaton of the JCPOA.

The company is today seeking new markets in North America, as well as Asian, African, and even European countries, thanks to the JCPOA, the company’s CEO Bahman Salehi told IRNA news agency August 26.

Launching in 1994, SUNIR has carried out projects worth $2 billion, working with over 200 contractors.

The company has come 9th in ranking among the world’s companies active in building electricity distribution infrastructure.