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 volume 13, issue #18 - Thursday, October 09, 2008

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IPDC offering tender for 3,000 MW project

31-08-08 The Iran Power Development Company (IPDC) will offer an international tender for its second 3,000 MW project, the IPDC managing director said.
"The second 3,000 MW project entails the construction of seven new power plants in the cities of Semnan, Zanjan, Mahshahr, and Kermanshah," Mohammad Behzad explained.

"This year the Iran Power Development Company has a $ 2.1 bn budget. 50 % of this amount will be financed by issuing bonds and using bank facilities," he added.
Behzad had previously stated that the Energy Ministry has negotiated with the Central Bank of Iran and Saderat Bank and has received necessary permits from the cabinet to issue power sector participation bonds.

Source: http://www.mehrnews.com



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