The managing director of Iran’s Power Generation, Distribution, and Transmission Company (known as Tavanir) has said 2,000 megawatts (MW) of power plants built by the country’s major industries are going to go operational by the end of the next Iranian calendar year (late March 2025).
The head of Iran’s National Petrochemical Company (NPC) said on Tuesday the country’s industry welcomes foreign investment but does not wait for foreign companies’ participation to pursue its development projects, NIPNA reported.
The Secretary of Iran’s Free Zones High Council Hojatollah Abdolmaleki has invited domestic and foreign investors to participate in the country’s development projects in free and special economic zones, the news portal of Iranian free zones (Freena) reported.
The 13th International Exhibition of Renewable Energy and Energy Efficiency of Iran will be held at the Tehran Permanent International Fairgrounds during January 22-25, the Public Relations Department of Iran’s Renewable Energy and Energy Efficiency Organization (SATBA) reported.
Head of Iran’s Ports and Maritime Organization (PMO) Ali-Akbar Safaei visited the implementation process of development and investment making projects in Shahid Rajaee port, in the southern Hormozgan province, during a two-day trip.
A latest report released by the U.S. Department of Energy stated that Iran has been the top OPEC member in terms of production increase in 2023, with an increase of 330,000 barrels per day (bpd).
The value of trade between Iran and the European Union (EU)’s member states reached €3.761 billion in the first 10 months of 2023, according to the data released by the European Union’s statistics office Eurostat.
The Head of the National Iranian Oil Company (NIOC) said that the country’s oil fields will stop wasting flare gas, which is burned during drilling production processes, within two years, Shana reported.
The Head of Iran Small Industries and Industrial Parks Organization (ISIPO) Farshad Moghimi has said that 2,178 hectares of land have been allocated for the construction of solar farms across the country, IRNA reported.
Some 897 idle and semi-active production units have been revived in the country’s industrial parks in the first nine months of the current Iranian calendar year (March 21-December 21, 2023), Mehr News Agency reported.