Opening of Gas Section at Dalahoo Power Plant with 310 Mw Capacity in the presence of Iran’s Speaker of Parliament and the Minister of Energy
12/11/2019
As the opening of the first phase of the Dalahoo Combined Cycle Power Plant, the operation of a 30 Mw gas turbine of Zagros Power Plant’s inlet air cooling system began as a video conference by the Speaker of the Parliament and the Minister of Energy from the control room of the Dalahoo CC Power Plant.

According to Public Relations Office of TPPH Company, Ali Larijani, Iran’s Speaker of Parliament while referring that the power plant has high level of technology and we must thank the Minister of Energy and his colleagues in Farab Company, said: “We must all work together for Iranian nation to pass the new Americans’ crossroad successfully.”

 

Referring to the expectation of the country's electronic engineers to make a leap in the technical sectors, he said: "Given that the Iranian nation has a very mature human capital and manpower, the more we prepare the situation that this affair happen, the more successful we will be.”

 

Speaker of the Parliament added: “Private companies investing in electricity projects because of low guaranteed purchasing power do not have the incentive to invest; in other words, we have skilled staff but because the economic cycle is not real, their motivation is low.”

Reza Ardakanian, Minister of Energy at the inauguration ceremony of the first unit of the Delahoo Combined Cycle Gas Section, referring to the hundreds of active manufacturing companies, contractors and consulting engineers in the electrical industry, said: “Direct employment of about 150,000 people in this field and managing 60 percent of power plants for electricity generation by Private Sector, promises a dynamic industry.”

Noting that we have the opportunity to exchange energy with all our neighbors on the land border, the Minister of Energy stated: “Iran, in addition to exchanging energy with countries such as Pakistan, Afghanistan, Turkmenistan, Azerbaijan, Armenia, Turkey and Iraq, plans to connect with other countries of the region through mentioned neighbors.”

Fortunately, today, with the efforts of all the activists of the power industry, the installed capacity of the country's power plants has exceeded 83,000 Mw, and most of the requirements in this field are built by domestic experts, the Minister said.

Mohsen Tarzatalb, CEO of Thermal Power Plant Company at the same ceremony, praising Farab's services at the electricity courier of current year, said of the current state of investment in the electricity industry: “Currently, 83000 megawatts equals of 81 percent of the country's generation capacity is generated by thermal power plants, the share of combined cycle power plants is 5%, steam 23%, and gas 37%.”

He added: “Iran is currently ranked No. 9 among the electricity generating countries, which indebted this position to the private sector's share in the country's electricity industry with amount of 67 percent and governmental power plants with 33 percent. If 11146 Mw of thermal power plant is assigned to private sector; the public sector share reduced to 16%.”

The CEO of Thermal Power Plant Company commented on how to finance power plant projects: “14% of these expenditures were from foreign currency reserve accounts, 40% from commercial banks' foreign exchange and Rial facilities, 45% from National Development Fund's and 1% through foreign investment. The Bank of Industry and Mine has so far financed 65% of the financing of the power plant construction projects.”

He continued: “So far, 10 billion and 389 million and 600 thousands euros have been invested in the construction of power plants units with guaranteed electricity purchase contracts and 3 billion and 750 thousands euros  has been spent from the National Development Fund to construct thermal power plants.”

 

Referring to the impact of exchange rate fluctuations on financial liabilities in buy-back contracts, Tarztalab said: “these fluctuations have resulted in a 115% annual increase in Thermal Power Company's guaranteed purchase contracts, which negatively impacts on supply for new power plants.”


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