Thermal power projects worth over $3.5b to come on stream by Mar. 2021

December 23, 2020 - 11:53

TEHRAN - Head of Iran’s Thermal Power Plant Holding (TPPH) said seven major thermal power industry projects worth 150 trillion rials (about $3.57 billion) will come on stream across the country by the end of the current Iranian calendar year (March 20, 2021).

According to Mohsen Tarztalab, under the framework of the Energy Ministry’s A-B-Iran program, a total of 21 major thermal industry projects valued at 400 trillion rials (about $9.5 billion) were planned to go operational in the current year of which 14 have been inaugurated.

Tarztalab noted that the mentioned 14 projects with a total investment of over 250 trillion rials (about $5.95 billion) were put into operation before the current year’s summer peak period to add 1,300 megawatts (MW) to the country’s power generation capacity.

The official put the total volume of investment made in the country’s thermal power industry under the framework of the A-B-Iran program at €2.5 billion.

A-B-Iran program (the acronyms A and B stand for water and electricity in Persian) was initiated in the previous Iranian calendar year (ended on March 19). Since the beginning of the second phase of the scheme in the current Iranian calendar year (started on March 20), every week several energy projects have gone operational across the country.

According to the official, the country’s thermal power plants have generated over 233,000 gigawatt-hour of electricity since the beginning of the current Iranian year (March 20) up to December 5.

Over 38,000 MW capacity of thermal power plants have gone through general overhaul programs since the end of the summer peak period in early September so far, he added.

Currently, a total of 478 thermal power plants are operating throughout Iran which includes both gas power plants and combined cycle plants.

Iran’s total power generation capacity stands at about 85,000 MW, more than 90 percent of which is supplied by thermal power plants.

Over two-thirds of Iran’s thermal power plants are owned and operated by the country’s private sector and private owners are currently generating nearly 67 percent of Iran’s thermal power.

EF/MA

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