BY: Ebrahim Fallahi

“Oil for development” budget, challenges and opportunities

TEHRAN – Iran has recently announced that its next fiscal year’s budget is going to be set with less reliance on oil revenues.

Annual garden, greenhouse products anticipated to rise 17% by Mar. 2020

TEHRAN- Production of garden and greenhouse products in Iran is anticipated to increase 17 percent in the current Iranian calendar year (ends on March 19, 2020) from that of the previous year, deputy agriculture minister announced.

Plan for supplying nomadic households with mobile PV systems underway

TEHRAN – Iran’s Energy Ministry has started a plan for providing 25,000 nomadic households across the country with portable photovoltaic systems so that they could use electricity during migration.

TPO offers roadmap for promoting non-oil exports

TEHRAN – Head of Iran’s Trade Promotion Organization (TPO) said a roadmap has been prepared for promoting the country’s non-oil exports to 15 neighboring countries, Tasnim news agency reported on Monday.

'Budget allocated for development projects to rise 53% next year'

TEHRAN – Head of Iran’s Planning and Budget Organization (PBO) said 430 trillion rials (about $10.2 billion) is going to be allocated for development projects in the next year’s budget plan, up 53 percent from the figure for the current year.

Iran’s renewable electricity generation capacity doubled

TEHRAN- The capacity of generating electricity from renewable resources has reached 841 megawatts (MW) in Iran, nearly double the figure for the last year’s same period, IRNA reported, quoting an energy official.

Chabahar Port’s capacity quadruples in less than 2 years: PMO head

TEHRAN- The head of Iran’s Ports and Maritime Organization (PMO) announced that through inaugurating the first phase of Chabahar Port’s development plan, the port’s capacity has increased four times in less than two years, IRIB reported on Monday.

TPO to hold seminar on exporting industrial machinery

TEHRAN – Iran’s Trade Promotion Organization (TPO) plans to hold a specialized seminar on exporting industrial machinery and production lines on November 12, the portal of TPO announced.

Energy ministry announces new regulations for electricity purchase

TEHRAN - Iranian Energy Ministry has announced new regulations on guaranteed purchase of electricity from the country’s renewable power suppliers, IRIB reported on Sunday.

GSI to award 60 new areas for mining exploration

TEHRAN – Head of Geological Survey and Mineral Explorations of Iran (GSI) said 60 new areas are going to be opened and awarded to the private sector for mining exploration, on the occasion of the organization’s 60th establishment anniversary.