Iran's Tavanir Takes MPO Spending Policy to Task

Iran's power industry needs new funding and investment to continue its expansion program but is facing serious challenges, the managing director of Iran Power Generation, Distribution and Transmission Company (Tavanir) said.
According to law, subscribes are charged a certain amount as tax in their electricity bills, which in its entirety must be spent on developing renewable sources of energy and expanding power infrastructure in rural areas, Mohammad Hassan Motevallizadeh said.
“That money now goes directly to the treasury and the Management and Planning Organization is responsible for transferring it to the Energy Ministry…But it (MPO) spends part of the money elsewhere,” Afkar News quoted him as saying.