Iran's Thermal Power Plants Holding Company, a subsidiary of the Energy Ministry, is willing to cede the ownership of state power stations to major power users, including automakers, steel complexes and cement factories, the managing director of TPPHC said.
“Industries can and should play a key role in boosting electricity output by embarking in power plant development projects, in which case they will no longer be at the mercy of the state-run Power Generation, Distribution and Transmission Company [Tavanir],” Mohsen Tarztalab was also quoted as saying by IRNA.
Industries can help the power sector in three ways, one of which is converting single-cycle plants to combined cycle stations that requires huge investment beyond the means of TPPHC, he added.
Referring to other means, the official noted that steel factory owners can build new power plants, or upgrade dilapidated power stations.
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