Iranian-Chinese consortium wins biggest power transmission tender

Business Materials 26 July 2017 19:00

Baku, Azerbaijan, July 26

By Emil Ilgar – Trend:

An Iranian-Chinese consortium won Iran’s biggest power transmission tender, Energy Ministry’s official website reported July 26.

According to the report, the consortium that includes Chint Electric and Parsian would establish 312 high-voltage power distribution stations.

The report didn’t mention the project’s value, but said it is the biggest power transmission tender in Iran.

Iran’s Energy Minister Hamid Chitchian told Trend in August 2016 that Iran needs $30 billion in power sector, including for transmission projects, by 2020.

Iran’s power grid with more than 10 percent of electricity loss needs repair and renovation.

Iran’s nominal power generation capacity stands at 76 GW, expected to reach 100 GW by 2020.