Private Sector Expanding PV Supply Chain in Kerman

Economy Minister Ehsan Khandouzi on Saturday broke ground for a photovoltaic cell and panel manufacturing plant in Mahan County, Kerman Province.
The initiative will be completed by the private sector, Nooran Investment Group, in eight months, IRNA quoted the minister as saying.
“The construction of the plant is estimated to cost $1 billion, which will be funded by Bank Melli Iran, the country's biggest bank.”
According to the official, the southern province is in dire need of electricity and frequent power outages have taken a heavy toll not only on the agro sector but also on mining industry.