Energy Ministry owes 3,000 billion rials ($22 million) to contractors involved in renewable energy projects, the head of Iran Electricity Industry Syndicate said.
"As per last year's budget, the Energy Ministry was expected to invest $120 million in green energy, of which $50 million was spent on launching such ventures," Alireza Kolahi told IRIB on Friday.
That amount is not enough for fully settling the ministry's debt to private contractors who completed their projects long ago, he said.
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