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220 Water, Power Projects to Come Online by March

220 Water, Power Projects to Come Online by March 220 Water, Power Projects to Come Online by March

More than 220 major power and water projects worth  $3 billion will come on stream by the end of the current fiscal (March 2020), the Energy Minister said Monday.
“Nine thermal power plants and 28 renewable power stations will come online and water supply projects for 1,124 villages will be completed,” the Energy Ministry news portal Paven quoted Reza Ardakanian as saying.
“The annual average addition to the installed power capacity has been close to 2,200 MW since 2013. The nine power plants will add 3,000 plus megawatts to the total output of 82,000 MW in the second half of this year (September 2019-March 2020),” Ardakanian said.
Investment in renewables continues by the private sector, although it has slowed down in the past year due to fluctuations in the currency market, he said.

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