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$153m Spent on Lorestan Power Sector Growth

The project was funded jointly by private firms, namely Iran Power Plant Investment Company, Saba water and Power Investment Corporation, Farab Investment and trade Company, along with the National Development Fund of Iran
$153m Spent on Lorestan Power Sector Growth  $153m Spent on Lorestan Power Sector Growth

To help improve power supply in Lorestan Province (especially in summertime), the second gas unit of Khorramabad Combined Cycle Power Plant became operational on Monday, head of the Department of Private Power Plant Projects in Iran's Thermal Power Plants Holding Company, a subsidiary of the Energy Ministry, said.
“The new unit, built in three years, doubled the station’s daily generation capacity which now is 324 megawatts and will reach 484 MW in October,” Amir Doudabinejad was quoted as saying by IRNA.
Costing $153 million, the unit was funded jointly by private firms (Iran Power Plant Investment Company, Saba Water and Power Investment Corporation, Farab Investment and trade Company) and the National Development Fund of Iran, the sovereign wealth fund.

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