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Iran News: Major electricity projects financed by foreign investors underway in Iran

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Iran News: Major electricity projects financed by foreign investors underway in Iran

TEHRAN – The Iranian Energy Ministry is implementing 61 major electricity projects that have been financed by foreign investment in the north and northeast of the country, according to the country’s Power Generation, Distribution, and Transmission Company (known as Tavanir).

As IRNA reported, the mentioned projects are being implemented in northern Mazandaran Province and northeastern Khorasan Razavi Province.

According to TAVANIR, 46 major projects including three power transmission stations, 21 power distribution substations, five transmission lines, and 17 power distribution lines with a total investment of 1.3 billion yuan, equivalent to 48.540 trillion rials (about $97 million) are underway in Mazandaran and 15 projects including two transmission stations, nine substations and four distribution lines worth 457 million yuan, equivalent to 20.545 trillion rials (about $41 million) are being implemented in Khorasan Razavi province.

EF/MA

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