Private Investment Incentives to Boost Energy Efficiency in Power Plants, Says Official

Private Investment Incentives to Boost Energy Efficiency in Power Plants, Says Official
(Tuesday, February 17, 2026) 14:05

TEHRAN, Feb. 15 (NIPNA) — Azim Etemadi, CEO of Iran’s Thermal Power Generation Holding Company, said investment incentives under a new cooperation agreement with the petrochemical sector will help optimize power plant production and improve energy efficiency.


Speaking at the signing of the MoU during the “Energy Cycle” exhibition, Etemadi said the initiative creates opportunities for public-private collaboration, enabling the replacement of outdated power plants and the adoption of efficiency-enhancing measures.

He added that private sector participation is expected to improve fuel and water use efficiency, increase plant output, and support sustainable development in the electricity industry. Etemadi urged petrochemical companies to participate actively in the program to help achieve national energy goals.

 


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