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HomeEUROPE NEWSIran reveals price tag for nationwide electricity projects

Iran reveals price tag for nationwide electricity projects


BAKU, Azerbaijan, November 3. Iran has
announced the completion and commissioning of several power
projects across the country, involving expenditures of
approximately 166 trillion rials (about $289 million), Trend reports via the
Ministry of Energy.

The projects aim to enhance electricity generation and improve
consumption efficiency nationwide.

A ceremony commemorating the completion of these operations and
the inauguration of renewable energy power plants was held today,
with the virtual participation of Iranian President Masoud
Pezeshkian, Minister of Energy Abbas Aliabadi, and other
officials.

Around 103 trillion rials (about $179 million) were allocated to
the commissioning of renewable energy power plants with a total
generation capacity of 337 megawatts, of which 112 megawatts come
from solar facilities.




Moreover, 63.1 trillion rials (about $110 million) were spent on
projects aimed at improving electricity consumption efficiency,
adding 580 megawatt-hours to the country’s power grid. Construction
has also begun on solar power plants with a combined capacity of
200 megawatts, which are expected to further enhance Iran’s
electricity supply upon completion.

Follow the author on X: @BaghishovElnur





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