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power supply

Iran blames crypto mining for blackouts

Head of Iran’s state electricity company Tavanir has blamed a fresh surge in illegal crypto mining activity in the country as a main cause of shortage in power supplies during hot summer days.

Energy

Iran starts importing power from Azerbaijan to tackle shortage

Iran is using limited supplies of electricity from neighboring Azerbaijan to prevent a recurrence of brief power cuts that surprised the households in large cities last month.

Energy

Iran suspends licensed cryptomining for 2 weeks to save power

Iran Power Generation, Distribution and Transmission Company (Tavanir) has ordered licensed cryptocurrency mining farms to halt operations for two weeks to lessen power shortages across the country.

Modern Enterprise

Iran, Russia renew agreement on Sirik power plant

Iran and Russia have renewed their agreement to construct Sirik Power Plant in Southern Hormozgan province, according to an official with Iran’s Thermal Power Plants Holding Company.

Energy

Iraq has no alternative for Iranian energy imports: Minister

The Iraqi minister of energy says he is optimistic his country will get second US sanctions waivers as Baghdad has no other alternative sources to replace the Iranian gas and electricity.

Energy

Iraq not seeking to substitute Iranian gas, electricity: Ambassador

The Iraqi envoy to Iran says although there are substitutes for Iranian energy, Baghdad maintains committed to imports from Iran and that is lookig for alternative ways of doing so.

Energy

Iran, self-sufficient in power plant construction: MAPNA Group

The announcement comes after the giant heavy energy infrastructure said it had designed, developed, produced and supplied from A-Z all components of a very vital gas turbine, called MGT-40.

Energy

Iran plans to reconstruct Iraq electric power industry in next 3 years: Minister

As Iraq is looking to rebuild after eight years of occupation and war, Iran is also taking measures to get a bigger share of the neighbouring country’s reconstruction market.

Energy

Iraq snubs US push to cut off Iran energy imports

US President Donald Trumps Administration is pressuring other countries to stop purchasing energy from Iran in a bid to tighten the noose against Tehran. However, Baghdad says it can not and will not comply with punitive measures imposed by Washington.

Energy

Private sector to bolster Iraq trade in 5-day visit

Dozens of Iranian businessmen will try to increase their investment in the neighbouring country by holding talks with Iraqi traders from all across the country. The visit comes after US Secretary of State Pompeo visited Iraq to help reduce Irans influence there.

Trade

Iran Chamber of Commerce, Industries, Mines and Agriculture

Established in 1884, Iran Chamber of Commerce, Industries, Mines and Agriculture (ICCIMA) is a non-profit and non-governmental institution which aims at facilitating economic growth and development in the country. Iran Chamber tries to further coordinate the activities of the private sector. As an economic forum, representatives from both the government and the private sector attend Iran Chamber's sessions. Meanwhile the institution acts as an advisory body to the government, parliament and judiciary.

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