Iran's thermal power company says about 3,000 MW was added to thermal generation capacity
31 July 2026 · 2 months ago
Azim Etemadi, managing director of Iran's Thermal Power Plants Holding Company, said in a television interview reported on Friday, 31 July 2026 (9 Mordad 1405), that about 3,000 MW has been added to the country's thermal generation capacity since Mordad of last year. He said this year's peak electricity consumption record was set on 5 Mordad 1405, and that with the summer consumption peak passing and temperatures easing, supply to customers will be steadier in the days ahead.
Etemadi said the forced outage rate for thermal plants during this summer's peak was 1.2 percent, against 4 to 5 percent in global statistics, and that plant availability reached 98.8 percent. He added that installation and commissioning of gas unit four at the Neka power plant was completed in 99 days, compared with 130 days for unit three last year.
According to the same official, Iran's first geothermal power plant, with a capacity of 5.4 MW and a 90 percent capacity factor, entered service in the Meshgin Shahr area. Seventeen wells of 3,000 metres have been drilled at the site, of which only one is currently in pilot operation. The figures and assessments in this report are attributed to the managing director of the thermal power company. Reliable electricity supply is one of the variables affecting hot-season output at energy-intensive listed industries such as steel, cement and petrochemicals.
More from this market
Saudi Arabia's quarterly budget deficit narrowed to 34.3 billion riyals in the second quarter, down by nearly three quarters
OilPrice.com (based on data from Saudi Ministry of Finance) · 2 months agoIndian Oil is seeking 50 percent stakes in very large gas carriers to cut the freight cost of US LPG
OilPrice.com · 2 months agoJapan's Eneos buys a rare Canadian crude cargo, the first such purchase by a Japanese company since 2025
OilPrice.com, citing Reuters · 2 months agoGlencore guides to a $3.3 billion first-half trading profit as the Iran war roils oil markets
OilPrice.com · 2 months ago
