82429
30% Domestic Share in  Unit International Deal
30% Domestic Share in  Unit International Deal
Sunday, February 25, 2018

30% Domestic Share in Unit International Deal

Sunday, February 25, 2018

30% Domestic Share in Unit International Deal

Domestic equipment manufacturers will have a 30% share in the contract with Turkish energy and construction company Unit International, which is commissioned to build two power plants in Iran, the deputy for planning at the Thermal Power Plants Holding Company said. 
“All the legal permits for the foreign company’s investment have been obtained and the two sides have exchanged contracts,” Hamidreza Azimi was also quoted as saying by IRNA on Thursday.
Azimi noted that the last stage for completing the process is issuing the letter of guarantee by the Ministry of Economic Affairs and Finance. “As soon as the letter of guarantee is issued, the Unit International will start its operations in Iran,” he said, stressing that moves to get such letters of guarantee for the Energy Ministry projects have only been initiated recently.
 

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.

Short URL : https://goo.gl/35uvcW
02/25/2018
  1. https://goo.gl/GnG4Wj
  • https://goo.gl/2vHQWX
  • https://goo.gl/5LLksP
  • https://goo.gl/FjpBTM
  • https://goo.gl/UimHy6

You can also read ...

Oil prices fell on Monday after China threatened duties on American crude imports in a trade dispute with Washington.
China’s threat to impose duties on US oil imports will hit a...
Venezuela Oil Sales to China Set to Plunge to 8-Year Low
Venezuela’s economic and oil industry demise is likely to...
OPEC members are to meet on  June 22-23 in Vienna.
Iran says Venezuela and Iraq will join it in blocking a...
Equinor Awards $3.7b Service Deals
Norwegian oil and gas firm Equinor has awarded drilling and...
Masjed Soleyman petrochemical project's Phase 1 construction site
The construction operation of the mega petrochemical project...
Hamedan Power Plant  Cuts Gas Consumption
Shahid Mofatteh Power Plant in Hamedan Province has scaled...
Strengthening Local Enterprises Should Be NIOC Priority
The National Iranian Oil Company needs a policy paradigm shift...

Add new comment

Trending

Googleplus