Water, power projects worth $5.7b offered to private sector

September 11, 2018

TEHRAN- Some 46 power and water projects at the value of 243 trillion rials (about $5.7 billion) were offered to the private sector during a ceremony attended by Iranian Vice President Es’haq Jahangiri on Tuesday.

The offered projects to the private sector include Ofoq Power Plant (in the southwestern province of Khuzestan) with the capacity of 968 megawatts (MW), Bampur Power Plant (in the southeastern province of Sistan-Baluchestan) with the capacity of 484 MW, and Isin Power Plant (in the southern province of Hormozgan) with the capacity of 968 MW, IRNA reported.

As reported, Iranian Energy Minister Reza Ardakanian also took part the event, where he announced that 27 power plant projects, worth 70 trillion rials (about $1.6 billion) will be inaugurated by summer 2019.

HJ/MA

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