Electrification

EghtesadOnline: The first phase of a project to electrify 60,000 agricultural wells with renewable energy has got off the ground, director for rural electrification at Iran Power Generation, Distribution and Transmission Company (Tavanir) said.

EghtesadOnline: The Majlis on Wednesday obliged the Central Bank of Iran to allocate $80 million for the electrification of agro wells. The CBI will make the funds available through commercial banks for the Power Generation and Distribution Company (Tavanir) and its subsidiaries to supply electricity to agricultural wells, Mehr News Agency reported.

EghtesadOnline: The major project to electrify the 430-kilometer-long railroad connecting the city of Garmsar in Semnan Province with the city of Incheh Borun to its northeast in Golestan Province is starting on July 2, the Islamic Republic of Iran Railways' deputy for technical and infrastructure affairs said.

EghtesadOnline: The government-affiliated Power Generation, Distribution and Transmission Company (Tavanir) and Iran Fuel Conservation Company, a subsidiary of National Iranian Oil Company, signed an agreement on Thursday in Tehran to expedite electrification of agriculture wells.

EghtesadOnline: While rural electrification rate in the world is 76% (based on United Nations data), the figure is almost 100% in Iran, Energy Minister Reza Ardakanian said.

EghtesadOnline: The number of rural areas linked to the national power grid has increased by 13 fold or 1.200% over the past four decades, the manager in charge of rural electricity expansion at the Power Generation, Distribution and Transmission Company (Tavanir) said.