Iran will have 10,000-megawatt power deficit in the coming summer, said Tuesday the head of the Federation of Iranian Energy Exports Industries in Tehran.
Referring to government measures in recent years to sell struggling state-owned power plants to the private sector, Mohammad Parsa said: “Currently, the Energy Ministry owes $2.6 billion to private power plants.”
As per law, private companies cannot directly supply consumers with electricity they generate. Instead, they should sell to Iran's Power Generation and Distribution Company (Tavanir), a subsidiary of the Energy Ministry.
However, due to financial constraints and shrinking budgets in recent years the government has been unable to meet its commitments to contractors and pay its bills on time.
February 27, 2019 19:26
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