Power Industry Future at Risk

The number of electricity meters nationwide in household, agro and industrial sectors, which now exceeds 37 million, jumps by a million per year
Power Industry Future at Risk Power Industry Future at Risk

Iran’s power industry has not developed as would have been expected in the last eight years, head of the Federation of Iranian Energy Exports Industries said.
“Close to 4,000 megawatts were added to the national grid per annum between 2006 and 2013. Between 2014 and 2020 this volume fell by a massive 50%,” Mohammad Parsa was quoted as saying by Barq News.
Unending volatility in the domestic currency market has understandably made the private companies averse to invest in power production over the last four years, he concurred. 
“New investment by private power producers is almost zero now and the country will suffer the consequences in the future.”


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