Energy
0

MAPNA Ready to Increase Installed Power Capacity

Converting gas-fueled units to combined-cycle plants should top the Energy Ministry’s priority list as the resulting high efficiency will help save natural gas as feedstock
MAPNA Ready to Increase Installed Power Capacity
MAPNA Ready to Increase Installed Power Capacity
MAPNA is a group of Iranian companies involved in the development and execution of thermal and renewable power, oil and gas, and railroad transportation projects

Iran's top engineering and energy enterprise MAPNA Group is all set to add 5,000 megawatts of new electricity production capacity to the national grid until 2019. 
In a news briefing, MAPNA CEO Abbas Aliabadi said if the government were to settle MAPNA's debts, the conglomerate is ready not only to increase the country's installed power capacity but also to improve power plants' efficiency from 35% to 50%, ILNA reported.
According to the official, the company has received financial assistance neither from banks nor the National Development Fund of Iran. 

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.

Add new comment

Financialtribune.com