Privatization of power plants has been suspended until further notice as per a presidential order, managing director of Saba Power and Energy Industry Holding Company told the Persian daily Donya-e-Eqtesad on Tuesday.
"President Hassan Rouhani has approved a proposal from his economy minister, Farhad Dejpasand, to suspend power plant privatization. Come March the administration itself will invest in new power projects," Donya-e-Eqtesad quoted Amir Anvari, who is also a private sector activist, as saying.
According to Anvari, the first point that strikes an informed observer is whether the government has enough money to build power stations.
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