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Iran Pre-Qualifies 85 Bidders To Construct 4 GW Of Renewable Energy Tender

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Investors in the field of renewables at SATBA station / Construction of 4,000 MW of renewable power plant enters the implementation phase

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growatt01-08-2022

In line with the Ministry of Energy’s plan in the 13th government to construct 10,000 MW of renewable power plants, a public investment tender was held for the construction of 4,000 MW in accordance with the executive regulations of Article 12 of the Law on Removing Barriers to Competitive Production and Improving the Financial System which was announced during the call on April 24 of this year. Out of 106 investing companies, the number of 85 companies gained the necessary points to participate in the tender.

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Memoranda of Understanding among the General governorships and Iran’s Renewable Energy and Electricity Efficiency Organization (SATBA) were implemented in the field of development of renewable and clean power plants, optimization and promotion of electricity efficiency in order to specify the construction sites due to the tenders in order to be rendered a short list in accordance with the needs of the region and the province and without any problems in terms of land transfer and issuance of environmental permits.

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The number of 152 construction sites have been identified in 30 provinces of the country and introduced to investors in the form of 95 baskets for the construction of power plant. It is worth mentioning that the minimum and maximum capacity of the identified sites in the tender amounts to 10 up to 250 MW.

Meetings were also held and finally approved in the presence of representatives of Tavanir Company, the CEO and managers of relevant fields in regional electricity companies and provincial electricity distribution in SATBA in order to obtain a grid connection permit. In this tender, electricity purchase contracts are for 20 years and the return on investment for the construction of renewable power plants will be reduced from 6 years to 4 years with the consent of the investor and giving the necessary guarantee by them as well.

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