sanddy
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Iran invites Indian companies to set up power projects - India News - IBNLive
New Delhi: Iran on Wedneday invited India to
set up power projects in the oil-rich nation as
it is encouraging private investment in the
sector. According to a statement by FICCI,
Iranian Minister for Power, Majid Namjoo
said India's private corporate sector should
step up its presence in Iran by taking
advantage of the structural reforms that have
recently seen privatisation of 100 energy-
related companies.
Addressing a meeting organised by the
industry body, Namjoo said the sanctions
against Iran were directed at the government-
level and had nothing to do with the private
sector. "We are paying greater attention to
facilitating the private investments and that
creates a big opportunity for Indian
companies to step in," he said.
Iran's Ministry of Energy currently has
cooperation agreements with 23 companies
and it is trying to make its companies
competitive in terms of prices and quality. "It
is here that we are looking for cooperation
with India," he added. The Iranian Minister
was accompanied at the meeting by Ismail
Mahsouli, Acting Minister for International
Affairs, Mohammadreza Attarzadeh, Advisor
to the Minister for Water Resources and
Water Waste Management, Yousof Armoudli,
Managing Director of Renewable Energy
Organisation of Iran (SANA).
Ismail Mohseni Kabir, Deputy Head of
Tavanir for Grid Planning and Development
and Rezazadeh, Managing Director of Water
Resources and Power Development Company
and other senior officials from the
government of Islamic Republic of Iran were
also present at the meeting. "Iran is a
potential destination for investors wanting to
participate in power generation projects,
especially renewable energy," RV Kanoria,
President of FICCI, said.
New Delhi: Iran on Wedneday invited India to
set up power projects in the oil-rich nation as
it is encouraging private investment in the
sector. According to a statement by FICCI,
Iranian Minister for Power, Majid Namjoo
said India's private corporate sector should
step up its presence in Iran by taking
advantage of the structural reforms that have
recently seen privatisation of 100 energy-
related companies.
Addressing a meeting organised by the
industry body, Namjoo said the sanctions
against Iran were directed at the government-
level and had nothing to do with the private
sector. "We are paying greater attention to
facilitating the private investments and that
creates a big opportunity for Indian
companies to step in," he said.
Iran's Ministry of Energy currently has
cooperation agreements with 23 companies
and it is trying to make its companies
competitive in terms of prices and quality. "It
is here that we are looking for cooperation
with India," he added. The Iranian Minister
was accompanied at the meeting by Ismail
Mahsouli, Acting Minister for International
Affairs, Mohammadreza Attarzadeh, Advisor
to the Minister for Water Resources and
Water Waste Management, Yousof Armoudli,
Managing Director of Renewable Energy
Organisation of Iran (SANA).
Ismail Mohseni Kabir, Deputy Head of
Tavanir for Grid Planning and Development
and Rezazadeh, Managing Director of Water
Resources and Power Development Company
and other senior officials from the
government of Islamic Republic of Iran were
also present at the meeting. "Iran is a
potential destination for investors wanting to
participate in power generation projects,
especially renewable energy," RV Kanoria,
President of FICCI, said.
its so damn confusing , yesterday thr was a news that iran is going to export 4000 mw to india, and now they inviting indian com. to setup power plant in iran?
...
