Iran Rolls Out Several Projects in Free Zones

Date: 14 May 2021 - 21:45

News ID: ۹۰۱۷۷

TEHRAN (Dispatches) - Iranian President Hassan Rouhani through a video conference on Thursday inaugurated a number of major projects in free trade, industrial and special economic zones across the country.
The projects, with a total of investment of $281 million, are in Eat Azerbaijan, Khuzestan, Sistan and Balouchestan, Hormuzgan and Alborz provinces in Northwest, South, Southeast, South and North of the country, respectively.
Addressing the ceremony, the president talked of Shalamcheh-Basra rail road project which is so strategic and can lead to development in this region.
"This will be a big development,” said he, adding that the project will actually connect Iran from Iraq to Syria and to Mediterranean Sea.
Shalamcheh-Basra rail road project is an important plan whose operation is being followed up by the government during its final months, Rouhani underlined.
Preliminaries to the project have been completed, said the president, expressing the hope that it would lead to development of Southern and Southwestern Iranian provinces.

Iran Opens National
Electricity Industry Projects

And also, the Iranian Energy Ministry Reza Ardakanian has launched a new electricity dispatching center in a bid to modernize power grid systems in the country and to play a more influential role in the regional electricity market.
Ardakanian hailed the project as a major achievement for the government, saying it would significantly increase the reliability of the electricity grid in Iran.
The minister said the center will turn Iran into an intersection for energy transmission and distribution in the Western Asia region.
The center replaces a previous facility which served Iran’s grid management needs for 30 years. It will be operated by Iran’s Grid Management Company (IGMC) in two locations in the capital Tehran and the nearby provincial capital of Zanjan.
IGMC said on its website that it took some 11 years for the company to build and equip the facility which it said had cost more than 11.4 trillion rials (over $50 million) in government spending.
The new dispatching center will use some modern technologies for development and control of transmission and distribution networks, including the Wide Area Monitoring Systems (WAMS), said a report by the official IRNA news agency, which added that the facility would be able to serve Iran’s power grid needs for the next three decades.
Iran has seen a major expansion in its electricity sector in recent years both in terms of output and also in the modernization of equipment and infrastructure.
The country has one of the most reliable electricity networks in the world with power outages being in their lowest in the past 15 years.