EghtesadOnline: Due to the near permanent fluctuations in currency rates in the last two years, power purchase contracts with private electricity producers need revision, says a board member of Rudshur Power Plant in Markazi Province.

EghtesadOnline: Talks are being held to help address the financial problems of private power producers who built plants with forex loans from the National Development Fund of Iran (sovereign wealth fund) and are unable to repay.

EghtesadOnline: As per a government directive the Iran Power Generation, Transmission and Distribution Management Company (Tavanir) will henceforth not be the sole buyer of electricity from private power companies, an Energy Ministry spokesman said.

EghtesadOnline: Unprecedented volatility in the currency market over the last 15 months is adding financial pressure on private electricity producers and most are on the verge of bankruptcy, head of the board of directors of the Power Generation Companies Syndicate said Tuesday.