Tehran, IRNA – Iran will start construction of six steam units in two power plants with an investment of 800 million euros, according to the CEO of Saba Group, an energy holding operated by government-affiliated Mostazafan Foundation.
Mohsen Amiri said on Sunday that the Iranian government had approved the allocation of funds for the six new steam power plants, adding that Iran's National Development Fund will provide for the foreign exchange investment needed in the projects.
Amiri added that the projects will add nearly 1,000 megawatts (MW) to Iran's electricity generation capacity.
He said the two projects will be executed in gas-fired power plants in Khorramshahr in southwestern Iran and in Aliabad in northern Golestan province.
