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Industries Get Green Light to Build Power Stations in 3 Yrs.

The agreement is aimed at ceding the ownership of state power stations to major power users, including automakers, steel complexes and cement factories
Industries Get Green Light to Build Power Stations in 3 Yrs.
Industries Get Green Light to Build Power Stations in 3 Yrs.

The Energy Ministry and the Ministry of Industries, Mining and Trade signed a contract on Tuesday, based on which the latter will build power stations with a capacity of 10,000 megawatts over the next three years to help stabilize power supply to industries.
Deputy Energy Minister Homayoun Haeri made the statement at the signing ceremony in Tehran and noted that industries account for 37% of Iran’s total power consumption, ISNA reported. 
The deal worth $7 billion was signed in the presence of Industries Minister Reza Fatemi-Amin, Energy Minister Ali Akbar Mehrabian, Industries Ministry’s deputy for economic development and planning, Mehdi Niazi, and Haeri.

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