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95% of Power Plant Parts Indigenized 

95% of Power Plant Parts Indigenized 
95% of Power Plant Parts Indigenized 

The Thermal Power Plants Holding Company has indigenized more than 724,000 parts and equipment used in power plants in the last five years, in order to make maximum use of the local manufacturing capacity, director general of the Technology and Indigenization of Power Plants Office at TPPHC said.
“Currently, close to 95% of power plant parts are manufactured domestically, which is in line with the general policies for empowering knowledge-based companies and ending dependence on foreign countries,” Ali Isapour was also quoted as saying by IRNA.
“Since the beginning of the current Iranian year [March 21], TPPHC has signed 31 contracts with knowledge-based companies at a total cost of $14.75 million for achieving indigenization and self-sufficiency in the electricity industry, improving production efficiency, increasing security and resilience, developing the use of artificial intelligence and reducing grid losses,” he added.

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