Mostafa Rajabi Mashhadi, Deputy Minister of Power and Energy, referring to the capacities of the private sector in supplying the necessary equipment for the electricity industry, stated: "Currently, almost all the equipment needed for this industry is either produced domestically or supplied through the private sector. This indicates the significant and decisive role of private sector actors in meeting the needs of the electricity industry."
Development of Indigenous Technologies in the Electricity Industry
He added that the activities of the private sector are not limited to supplying equipment, stating: "Companies active in this field are creating and developing new and up-to-date technologies, which helps the electricity industry to keep pace with modern knowledge and technology." Rajabi Mashhadi also emphasized the localization of necessary technologies, considering this action valuable and noteworthy, and said: "Examples of this localization can be observed during visits to various sections of the international electricity industry exhibition."
Read more: 9% Drop in Brent Oil Prices and Supply-Demand Balance
Increase in Electricity Supply to Petrochemical Industries
The Deputy Minister of Power and Energy continued by referring to the process of electricity supply to the industrial sector of the country, saying: "In the past four months, the amount of energy supplied to energy-intensive industries has increased by 11%." Rajabi Mashhadi pointed out the significant growth in electricity supply to petrochemical industries, stating: "The amount of energy supplied to the country's petrochemical industries during this period has increased fivefold compared to the same period last year." This action was taken while these industries faced limitations in energy supply at one point, and the Ministry of Energy made efforts to meet part of their energy needs according to their requirements and within the capacity and limitations of the electricity network.
He considered this action an effective step in supporting the productive sector of the country's economy and added: "Providing the electricity needed by industries plays an important role in the continuity of production units' activities and maintaining the country's production capacity." Rajabi Mashhadi also referred to the trend of electricity consumption in the industrial sector, stating: "In the past month, electricity consumption in the country's industries has increased by 5%, which is a significant figure and indicates the possibility of supplying more electricity to the industrial sector, despite the threats and sanctions facing the country."
He noted: "Since the beginning of November, we have also witnessed a 25% increase in electricity consumption in the industrial sector of the country, which reflects the continuation of the electricity supply process and the increased utilization of electrical energy by industries." These statements clearly indicate the importance of sustainable energy supply for industries and the economic growth of the country in the current circumstances.
Read more: The U.S. Department of Energy Loans 300,000 Barrels of Heating Oil to Four Companies · The CEO of Bank Mellat Announced Readiness to Rebuild Petrochemical Units




