(MENAFN) Iran is fully prepared to set up vital power projects worth more than USD28 billion for foreign investment in the next few years, according to the latest reports.
It will need to add some 50 MW to its power generation capacity over the next 10 years and this will require investments in the power segment from domestic and foreign financiers.
Moreover, a number of foreign companies have so far indicated their willingness to fund power projects in Iran, adding that talks are underway with several foreign investors.
Iran has been very anxious for the day that all imposed sanctions will be completely removed, and it considers it as a launching pad for its ambitious schemes and projects.
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