Energy
0

A Win for Private Power Producers

One main disadvantage of selling power to Tavanir is that the giant state-run company has been unable to meet its commitments on time and by extension has created enormous financial difficulties for private producers
A Win for Private Power Producers A Win for Private Power Producers

As per a government directive the Iran Power Generation, Transmission and Distribution Management Company (Tavanir) will henceforth not be the sole buyer of electricity from private power companies, an Energy Ministry spokesman said.
“Based on the new decree, industrial units which need more than 5 million kilowatt hours of power per annum will be able to buy directly from private suppliers via the energy bourse,” Mostafa Rajabi Mashhadi was quoted as saying by Barq news.
After a contract is signed between a private power producer and private manufacturing unit, Tavanir will play a regulatory role and help transfer electricity from the power station to end user(s), he noted.
The energy ministry will provide infrastructure (cables, distribution system, etc.) but delivery will be undertaken by retailers and consumers will not pay the bills to the state-owned company.

Premium

Subscribe to the Financial Tribune to continue reading this article or Log in to your account if you are already a subscriber.

Find out more about our subsciption plans here.

Add new comment

Financialtribune.com