Tehran Times | Iran Chamber Newsroom

Iran private sector ready to build 80 GW of renewable power plants

Following the Energy Ministry’s public call for the contribution of private companies in a project for developing renewable power plants in the country, so far requests for the construction of 80,000 megawatts (80 gigawatts) have been submitted to the ministry, a senior energy official announced.

Energy

Private sector to help Iranian government build 1 million affordable houses

Mass construction companies of the private sector are going to sign deals with the government with the aim of building one million affordable houses within the framework of the National Housing Action Plan.

Macro Economy

Iran eyes boosting oil production capacity to pre-sanction level by next March

Head of the National Iranian Oil Company (NIOC) Mohsen Khojasteh-Mehr has said his company is planning to boost the country’s oil production capacity to the pre-sanction levels or four million barrels by the end of the current Iranian calendar year (March 20, 2022), Shana reported.

Energy

Iran inflation expected to be curbed next fiscal year

Head of Iran’s Planning and Budget Organization (PBO) has said considering the recent data provided by the Statistical Center of Iran (SCI) the inflation is expected to be curbed in the next Iranian calendar year (begins in March 2022).

Macro Economy

Automobile, auto part exports from Iran exceed $58 million in 7 months

Iran’s exports of automobiles and auto parts have reached $58.407 million during the first seven months of the current Iranian calendar year (March 21-October 22), the spokesman of the Islamic Republic of Iran Customs Administration (IRICA) announced.

Mine and Industry

Iran-Pakistan free trade agreement to be implemented within 3 months

Iran and Pakistan are going to implement a free trade agreement within the next three months, Iranian Industry, Mining, and Trade Minister Reza Fatemi Amin announced on Saturday.

Trade

Iran’s non-oil trade rises 43% in 7 months

The value of Iran’s non-oil trade rose 43 percent during the first seven months of the current Iranian calendar year (March 21-October 22) as compared to the same period of time in the past year, the head of the Islamic Republic of Iran Customs Administration (IRICA) announced.

Trade