Abbas Aliabadi, the Minister of Energy, announced the actions of the Ministry of Energy to ensure sustainable electricity supply for industries and to compensate for damages caused by the war during the inauguration of the 26th International Electricity Industry Exhibition in Iran. He noted that the country's electricity consumption has decreased, stating that the electricity demand, which was expected to reach about 88,000 megawatts, has now dropped to less than 75,000 megawatts.
Increasing electricity supply for industries and petrochemicals
The Minister of Energy added: Currently, the electricity needs of the country's industries are being met, and more than 11% of the electricity needs of petrochemicals have been supplied so far. Additionally, the amount of electricity supplied to all industries in the country has increased by three percent compared to last year, indicating an improvement in production conditions in this sector.
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Planning to attract $2 billion in investment
Aliabadi announced plans to attract about $2 billion in new investment in the electricity industry and stated: The necessary grounds for investment in this sector have been prepared, and the required support for investors and the removal of existing obstacles are on the agenda. He also referred to Iran's cooperation with Belarus in the electricity sector and emphasized that bilateral cooperation in technical knowledge transfer and engineering services should be expanded.
Regarding the development of home solar power plants, Aliabadi stated: With the support provided, people can proceed with the construction of solar power plants by paying 10% of the initial cost and utilizing the facilities of the National Development Fund.
Fuel supply for power plants in winter
The Minister of Energy also responded to a question about the fuel supply situation for power plants on the eve of winter, saying: The current conditions have improved compared to the beginning of the period, and we are in a similar situation to last year. Aliabadi expressed hope that with the cooperation of the Ministry of Oil and the people, the upcoming winter will pass smoothly.
Finally, he addressed the economic situation of the electricity industry, stating: The debts of the electricity industry exceed 110 trillion tomans, and the Ministry of Energy is working to rectify the financial situation of this industry. Aliabadi emphasized that industries that have cooperated in supplying electricity to the country will be supported by the Ministry of Energy.
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