Tavanir Says Energy Industry Privatization Plans Gone Awry

Privatization of power plants has not been compatible with Article 44 of the Islamic Republic Constitution based on which a large part of executive responsibilities of the Energy Ministry ought to be transferred to the private sector, a deputy manager at Iran Power Generation, Distribution and Transmission Company (Tavanir) said.
"Transferring power plants to the Social Security Organization, Bonyad Shahid (Foundation of Martyrs and Veterans Affairs) and banks with the aim of settling Energy Ministry does not mean privatization," Ali Asghar Esmaelnia was quoted as saying by IRNA.