facility in
Arak in
Mazandaran The electric power industry in Iran has become self-sufficient in producing the required equipment to build power plants. While most of the electricity generators are run by the government, the equipment producers and contractors are generally from the private sector. Iranian engineers at JEMCO (a subsidiary of
IDRO) have developed and produced one- and four-megawatt
generators. Iran can manufacture materials for over 80% of hydraulic turbines and over 90% of gas turbines. In the near future, Iran could become a major player in building
power plants with advanced technology (2009). Iran planned to build its first indigenous gas turbines by 2015. Iran has achieved the technical expertise to set up hydroelectric, gas, and combined-cycle power plants. Iran is one of the four countries in the world which can manufacture advanced
V94.2 gas turbines. The
Industrial Development and Renovation Organization of Iran (IDRO) is currently building the country's first 4-megawatt (MW) combined heat and power (CHP) turbo-generator in cooperation with the private sector.
Nuclear power plants Darkhovin Nuclear Power Plant is Iran's first indigenously-designed and -built
power plant besides the
research reactor IR-40.
Bushehr Nuclear Power Plant is Iran's first
nuclear power plant; it was manufactured with the technical assistance of Russia.
International projects Iran is self-sufficient in power-plant construction, and has built power plants in neighboring states. As of 2010, Iranian energy- and resource-development firms are involved in 50 projects worth over US$2.2 billion in more than 20 countries across the world. As at 2011,
MAPNA was building power plants in Syria, Oman, and Iraq, and negotiations were underway to build two power plants in Lebanon. One of Iran's most important international projects will see the construction of a $200-million hydroelectric dam in
Nicaragua, starting in 2011. Iran is currently engaged in dam construction in
Tajikistan,
Armenia, and
Azerbaijan, and consultations are underway with a number of other countries.
Kenya,
Sri Lanka,
Bolivia, and
Mali are the potential target markets being considered for exporting the country's technical and engineering services. In 2010, Iran won a contract to build a dam in
Afghanistan and the third contract to build a power plant station in
Syria. In December 2005, a
wind farm was put in operation at
Pushkin Pass in
Armenia. The total installed capacity of the farm is 2.64 MW, from four 660 kW wind turbines. The wind farm was built with the support of a US$3.1M grant from the Iranian government. The Armenian and Iranian energy sectors are currently jointly constructing the
Iran-Armenia Wind Farm, which is set to become the country's largest
wind farm, having an installed electric capacity of 90
MW. As at 2012, Iran is building seven large power plants in Syria, Oman, Iraq, and Tajikistan.
Foreign direct investment According to the
Ministry of Energy,
Germany has invested $445 million in construction of the Pareh-Sar combined-cycle power plant in northern Iran, while the
UAE has invested $720 million in construction of a gas power plant and a combined-cycle power plant in
Isfahan and
Shiraz. In 2015, Iran and Russia signed an agreement regarding the construction of eight
thermal power plants in Iran, with a total installed capacity of 2,800 MW. The investment per MW will be $3.57 million ($10 billion in total). ==Privatization==