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Q1-3 Economic Growth at 3.3%

EghtesadOnline: A breakup of economic sectors by SCI shows the “industries and mines” and “services” groups registered 5.3% and 2.6% growth respectively, while “agriculture” contracted by 4.3%
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Publish Date:12/March/2023 | 21:14

Energy Supply Cuts Plunge Economy to ‘Rare’ Slump

EghtesadOnline: The PMI for Iran’s overall economy settled at 41.89 in the tenth month of the year from 49.14 registered in the previous month, indicating a 7.25-point or 14.75% decrease.
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Publish Date:05/February/2023 | 21:43

TSE Notches Up 0.5%

EghtesadOnline: The main index of Tehran Stock Exchange, TEDPIX, gained 7,727.15 points or 0.53%, Tuesday to end trading at 1,473,701.9.
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Publish Date:04/December/2020 | 15:23

Power Efficiency Improving Gradually

EghrtesadOnline: Power loss in transmission and distribution networks in Iran now is near 9.7% and should decline to 9.2% by the end of the current Persian calendar year (March 2021), the deputy energy minister for electricity affairs said.
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Publish Date:14/November/2020 | 15:19

Shrinkage of Caspian Sea Is Not Slowing

EghtesadOnline: The Caspian Sea has been shrinking since 1995 and the trend is not expected to end in the foreseeable future due to a variety of reasons, namely rising temperatures linked to global warming and climate change, head of the National Center for Research and Studies of the Caspian Sea, affiliated to the Energy Ministry Water Research Center (WRC), said.
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Publish Date:09/November/2020 | 14:02

Geothermal Energy Is Gaining Traction in NW Region

EghtesadOnline: The first phase of the first geothermal power plant near the city of Meshkinshahr in Ardebil Province is scheduled to come online in March 2021; however, some experts in the power industry believe construction of such facilities are economically unfeasible.
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Publish Date:01/November/2020 | 13:42

Ilam Dam Projects Appear Untenable

EghtesadOnline: Dam projects in Ilam Province have either been abandoned or making little progress if any and the Energy Ministry has not fulfilled its promises to help accelerate the construction.
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Publish Date:28/October/2020 | 13:40

IRENEX Trade Earns $100m in 1 Month

EghtesadOnline: Oil byproducts worth $100 million were traded in the international ring of the Iran Energy Exchange in the month to October 18.
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Publish Date:22/October/2020 | 19:52

Desalination Industry Takes Off

EghtesadOnline: The Energy Ministry started 250 power and water projects in this fiscal year (March 2020-2021) with $1.7 billion. So far 122 projects costing $1 billion have been completed, including water transfer from the Persian Gulf, the energy minister said.
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Publish Date:21/October/2020 | 13:10

Power Industry Future at Risk

EghtesadOnline: Iran’s power industry has not developed as would have been expected in the last eight years, head of the Federation of Iranian Energy Exports Industries said.
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Publish Date:30/September/2020 | 14:24

Energy Coop Talks in Kabul

EghtesadOnline: A deputy energy minister has expressed the hope that Iran and Afghanistan would expand cooperation in all areas of trade, transit, and electricity.
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Publish Date:25/September/2020 | 20:19

New Russian Contractor to Build $1.2b Sirik Power Plant

EghtesadOnline: A new contractor has been appointed by Russia for the construction of a 1400-megawatt Power Plant in Sirik County, Hormozgan Province, the energy minister said in Tehran said Tuesday without naming the new contractor.
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Publish Date:23/September/2020 | 20:30

3 Power Plants to Feed Crypto Miners

EghtesadOnline: Three thermal power plants are to sell their electricity to authorized cryptocurrency miners in Iran, the managing director of Thermal Power Plant Holding Company, affiliated to Energy Ministry, said.
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Publish Date:22/September/2020 | 13:48

Report Awaited on Prospects for Iran-Russia Electricity Agreement

EghtesadOnline: A study on the synchronization of Iran’s and Russian electricity networks is to be completed in the next few months and if all goes well executive operation will begin, the energy minister said Friday.
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Publish Date:12/September/2020 | 24:22

Siemens Advances Canada’s Decarbonization Efforts

EghtesadOnline: Furthering its commitment to decarbonizing the energy sector worldwide, Siemens Energy has been selected to provide its highly efficient gas turbine technology and long-term services to the planned 900 MW Cascade Power Plant in Alberta, Canada.
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Publish Date:02/September/2020 | 13:43

Advanced WTE Plant for Gilan Region

EghtesadOnline: Construction of a waste-to-energy plant will start soon in the northern Talesh County, Gilan Province, said the project manager of Biomass Energy Technologies Development at Niroo Research Institute, affiliated to the Energy Ministry.
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Publish Date:02/September/2020 | 13:41