...

Iran, Czech sign deal for WTE plant‎ construction

Business Materials 6 March 2017 11:15 (UTC +04:00)

Baku, Azerbaijan, March 6

By Fatih Karimov – Trend:

Iran has signed its first contract on the WTE (waste-to-energy) plant construction with Czech Republic, Mehr news agency reported.

The deal was signed in Tehran on the sidelines of a meeting between Iran’s deputy energy minister, Houshang Falahatian and Milan Sarapatka, member of Czech parliament’s energy committee.

Under the build–operate–transfer (BOT) contract, a 20-megawatt incinerator plant will be constructed in Iran’s northern Gilan province by a Czech company.

The plant will be capable of burning 350 tons of trash per day to generate power.

The repayment of the invested assets will be done through the sale of electricity in 14 years, according to the contract.

Falahatian said that Iran plans to increase the share of renewable energy from its energy basket from current level of 1000 to 5000 megawatts within the next five years.

He underlined that Iran welcomes foreign investment in the fields of energy and electricity, adding that the Czech firms can enjoy the opportunity to access the regional markets through Iran.

Iran has requested Czech companies to take on a more active role in Iran’s energy projects, in particular regarding the WTE plants.

Establishing incinerator power plant projects in big cities which enable the Islamic Republic to produce electricity from garbage is among the priorities of the Iranian energy ministry and the ministry has allocated 19 locations for construction of this type of power plants.

WTE plants will be launched around cities with over 200 thousand people population both to help power production and prevent waste from polluting environment.

According to the Sixth National Development Plan (2016-2021), Iran is aiming at the production of 700 megawatts of electricity in the form of waste-to-energy power generation.

Tags:
Latest

Latest