• Wednesday, November 20, 2019

Iran invites Indian companies to set up power projects

Discussion in 'World Affairs' started by sanddy, Oct 11, 2012.

  1. sanddy

    sanddy FULL MEMBER

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    Iran invites Indian companies to set up power projects - India News - IBNLive

    [​IMG]

    New Delhi: Iran on Wedneday invited India to
    set up power projects in the oil-rich nation as
    it is encouraging private investment in the
    sector. According to a statement by FICCI,
    Iranian Minister for Power, Majid Namjoo
    said India's private corporate sector should
    step up its presence in Iran by taking
    advantage of the structural reforms that have
    recently seen privatisation of 100 energy-
    related companies.

    Addressing a meeting organised by the
    industry body, Namjoo said the sanctions
    against Iran were directed at the government-
    level and had nothing to do with the private
    sector. "We are paying greater attention to
    facilitating the private investments and that
    creates a big opportunity for Indian
    companies to step in," he said.

    Iran's Ministry of Energy currently has
    cooperation agreements with 23 companies
    and it is trying to make its companies
    competitive in terms of prices and quality. "It
    is here that we are looking for cooperation
    with India," he added. The Iranian Minister
    was accompanied at the meeting by Ismail
    Mahsouli, Acting Minister for International
    Affairs, Mohammadreza Attarzadeh, Advisor
    to the Minister for Water Resources and
    Water Waste Management, Yousof Armoudli,
    Managing Director of Renewable Energy
    Organisation of Iran (SANA).

    Ismail Mohseni Kabir, Deputy Head of
    Tavanir for Grid Planning and Development
    and Rezazadeh, Managing Director of Water
    Resources and Power Development Company
    and other senior officials from the
    government of Islamic Republic of Iran were
    also present at the meeting. "Iran is a
    potential destination for investors wanting to
    participate in power generation projects,
    especially renewable energy," RV Kanoria,
    President of FICCI, said.
     
  2. Lavosh1

    Lavosh1 BANNED

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    Let's bring back some Indian money wasted on Oil import....:smokin:
     
  3. veekysingh

    veekysingh FULL MEMBER

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    :what: its so damn confusing , yesterday thr was a news that iran is going to export 4000 mw to india, and now they inviting indian com. to setup power plant in iran?
     
  4. ManuZ

    ManuZ FULL MEMBER

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    Im confused with the threads running here now a days....
    There was a thread stating india exporting sugar to iran...
    Then there was a thread India planning to import excess sugar from Pakistan....
    A thread on iran planning to export power to India..
    Now a thread on iran inviting Indian companies to set up power plants in iran...
    WTF:blink: ...
     
  5. anilindia

    anilindia FULL MEMBER

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    Why Indian government is not inviting these companies to set up plant in india itself
     
  6. sanddy

    sanddy FULL MEMBER

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    I think it for showing the world that Indian support for Iran even against all the sanctions .
     
  7. Hellraiser007

    Hellraiser007 FULL MEMBER

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    It is availability of Natural gas. may be after establishing power plants electricity will be exported to India and Pakistan.
     
  8. karan21

    karan21 SENIOR MEMBER

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    good plan, Iran and India should collaborate in every field.