11 Dec 2023
The managing director of Iran Power Generation and Transmission Company (TAVANIR) has said that the country's electricity sector is a good area to invest in, predicting that the electric power industry is projected to take in $24b or so in investment after the termination of sanctions.
Arash Kordi further said that as many as 24 projects worth $2.4b are about to be inked and this shows the sanctions and threats of previous years have turned into opportunities, adding that his company is now carrying out up to 95 electrical projects worth $6.6b overseas.
He also said that Iran plans to raise its electricity exports to 25 billion kilowatt hours (KWH) during the Sixth National Development Plan, adding that the country's electric power industry is in the lead in the region as far as exports of technical-engineering services are concerned.

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