Gov’t Finally Eases Its Tight Grip on the Power Industry

As per a government decree that came into effect today (April 27), heavy industries using an estimated five million kilowatt hours of power a year can buy electricity directly from private producers via the energy bourse, an Energy Ministry spokesman said.
“Based on the new directive approved by the Cabinet last October, the state-run Iran Power Generation, Transmission and Distribution Management Company (Tavanir) will henceforward not be the sole buyer of electricity from private companies,” Mostafa Rajabi Mashhadi was quoted as saying by IRNA.
The move is seen as a major step forward by private power producers as it puts an end to Tavanir’s absolute monopoly over the key sector struggling with more than its share of financial problems.