Iran opens talks with Siemens, Rolls-Royce on energy investment

Iran is stepping up the search for overseas investment in its energy infrastructure after talks with Siemens and Rolls-Royce that point to the gradual opening of the country’s economy following the lifting of international sanctions. Hamid Chitchian, Iran’s energy minister, met representatives of both companies in London last week to…

Belgium to build 600MW power plant in Iran

A Belgian company will build a new 600-megawatt combined cycle power plant near Tabriz city, northwest of Iran, Reza Hosseini, deputy head of the Center for Investment Services of East Azerbaijan Province, said. The F class power plant will be built near Soufian power plant within 3-4 years, IRNA quoted…

Iran seeking to absorb investments for its energy sectors

Iran’s Charged Affairs in London Mohammad Hassan Habibzadeh said Iran is seeking to absorb investments for its energy sectors. Addressing “The Growing Economies Energy Forum” here on Thursday, he said Iran will be offering appropriate conditions to the investors interested in the area. Noting that the Islamic Republic is planning…