Iran-China consortium to update ageing electrical infrastructure
A consortium of Iranian and Chinese companies will be reconditioning 312 substation in Iran as part of an extensive national plan to update the country’s ageing infrastructure.
The project will be implemented by the Iranian Parsian Group and China’s CHINT Electric Company, and while at least 50 per cent of the equipment will be produced by Iranian producers, two Chinese companies will finance the first phase.
According to Arash Kordi, managing director at Iran Power Generation, Distribution and Transmission Company, the first phases will see 67 substations rehabilitated around the country.
Source: Financial Tribune
Photo: Parsian Group