The sidelines of the inauguration ceremony of the development documents of Tehran province Mohammad Baqer Nobakht said on Tuesday, 'Over the past years, human development has reached the 0.57 index above 0.80, and we are among the countries with high development.' 'This shows that over the past 40 years, despite …
Read More »Economy
Iran central bank chief in Iraq to work out banking issues
Abdolnaser Hemmati was received by his Iraqi counterpart Ali Mohsen Ismail al-Alaq as he arrived in Baghdad on Tuesday evening.'My objective to visit the friendly and fraternal country of Iraq with which we have good political, economic and trade relations, is to hold talks with authorities about the latest status …
Read More »Iran, Iraq to discuss electricity debt settlement
Iraq has agreed to clear 50 percent of its debts in the coming month, according to some reports. Some news outlets have reported that Iraq owes around $ 900 million to Iran for power.'Iraqi officials are also expected to see for themselves Iran's achievements in electrical industry,' said Homayoun Haeri, …
Read More »Pakistan to ease Iran trade with multiple-entry visas
'We have resolved the problem of visas for Iranian business people,' Pakistani Ambassador to Iran, Riffat Masood told a joint business session between Tehran Chamber of Commerce and the Pakistan Embassy on Tuesday. 'According to one of joint border committee approvals, each Iranian businessman or woman who holds a business …
Read More »Four solar power plants go on stream in western Iran
These power plants entered the power grid with a capacity of seven megawatts, which increases the number of solar power plants in Hamadan province to six. With the utilization of these four power plants, the capacity of the solar power plants in Hamadan reached 45 megawatts. Seven million Euros were …
Read More »Capacity of Iran's power plants up by 11.5 times
According to IRNA, performance indicators of the power industry sectors over the past four decades indicate that, despite a 2-fold increase in population, many indicators of the industry have increased by 11 to 27 times.The length of electricity networks (transmission, over-distribution and distribution) grew from 81,775 km in 1978 with …
Read More »Japan's JXTG set for first loading of Iranian crude oil after US sanctions waiver
According to the website, the 'VLCC Eneos Breeze' was scheduled to arrive at Iran's Kharg Island Monday.A JXTG Nippon Oil & Energy spokesman confirmed Monday that it is resuming its Iranian crude oil loading in February. But the spokesman declined to comment on the specific scheduled loading by the Eneos …
Read More »Iran sets new record in gasoline production
The figure shows 67% growth compared to the same period last year when the country’s daily output stood at around 63 million litters. The report said that implementation of refining projects, completion of new phases, and generally speaking, the development of refinery industry have contributed to setting this new record. …
Read More »EU’ SPV vital step in strengthening JCPOA: MP
Deputy Chairman of the Legal and Judicial Commission of the Majlis said in an exclusive interview with the Islamic Republic News Agency (IRNA) on Sunday that 'The European financial mechanism with Iran is a success in the multipolar world'.He called this financial exchange a diplomatic victory for Iran, due to …
Read More »Iran 1st electricity producer in region
Talking to reporters on the sidelines of Sabzevar 546-MW combined cycle inauguration ceremony, Reza Ardakanian said Iranian experts’ knowledge is exemplary.Power industry is one of the advantages of Iran and more important are human resources and skillful forces since Iranian experts’ activities have gone beyond the regional level. Referring to …
Read More »