MAPNA breaks new record in electricity generation

January 8, 2024 - 14:15

TEHRAN – The electricity generation capacity of the power plants constructed by Iran’s MAPNA Group has reached 50,220 megawatts (MW) which is more than the generation capacity of 160 countries including Switzerland, Sweden, Netherlands, Finland, Argentina, and Norway.

According to the data published by the group, MAPNA’s power plants currently account for over 50 percent of Iran’s total power generation capacity.

Since its establishment in 1993, MAPNA Group has managed to build 36,355 MW of gas units, 1,950 MW of thermal steam units, 11,374 MW of combined steam units, 165 MW of wind and solar power plants, and 376 MW of medium, small, and mobile scale plants across Iran.

The company is still building numerous power plants both inside and outside the country.

The value of MAPNA's completed projects in the field of electricity is estimated at €24 billion, and the value of MAPNA's ongoing projects in the country is about €8.0 billion.

Mapna Group is a group of Iranian companies involved in the development and execution of thermal and renewable power plants, oil and gas, railway transportation, and other industrial projects as well as manufacturing main equipment including gas and steam turbines, electrical generators, turbine blade and vane, HRSG and conventional boilers, electric and control systems, gas compressor, locomotive, and other pertinent equipment.

The company was founded in 1993 with the initial aim of becoming a general contractor for thermal power plants but evolved and diversified its business lines and capacities to other industries two decades after its establishment. The group is the first and leading West Asian-based general contractor of thermal power plants in the MENA region.

EF/MA

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