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Indigenizing Power Plant Equipment Is a Compulsion

Indigenizing Power Plant Equipment Is a CompulsionIndigenizing Power Plant Equipment Is a Compulsion

Thermal Power Plants Holding Company has plans to indigenize almost 80% of equipment for power plants, director general of the Technology and Indigenization of Power Plants Office at the TPPHC said.
"So far contracts worth $23 million have been signed with domestic manufacturers and knowledge-based companies to produce parts for power stations," Ali Isapour was quoted as saying by Mehr News Agency.
“Importing the parts would cost at least $38 million.”
Under the present conditions, wherein import of spare parts and equipment is limited (due to the US sanctions) “if we do not embark on the indigenization process plants will face closures if problems arise,” the official noted. 

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