Iran’s electricity sector has strong potential to grab a significant share of Iraq’s power market, but Iranian enterprises have not made their mark in the field, a member of the Iran Chamber of Commerce, Industries, Mines and Agriculture's Exports Commission said.
“Iranian companies (both private and state) have proved their mettle in executing major power projects, such as construction of dams and hydropower stations, as well as thermal and combined-cycle power plants, at competitive prices, but they are losing the Iraqi market to their rivals,” Hamidreza Salehi was also quoted as saying by ILNA.
Access to cutting-edge knowhow is not sufficient to win development projects in Iraq, Afghanistan and Pakistan, as foreign relations play a more important role, he added.
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