IMIDRO to implement projects worth $4.5b by March 2020
Iranian Mines and Mining Industries Development and Renovation Organization (IMIDRO) will put projects worth $4.5 billion into operation by the end of current Iranian calendar year (March 19, 2020), IRIB reported quoting the head of organization as announcing on Monday.
Bank Keshavarzi of Iran, Exim Bank of India Officials Meet
TEHRAN – The CEO of Bank Keshavarzi of Iran Mr. Ruhollah Khodarahmi and general manager of Exim Bank of India Mr. Rikesh Chand met in Tehran and discussed ways for strengthening banking relations.
Power consumption in Iran at all time high
Iran’s electricity consumption hit a new record on Monday as it reached the peak of 57,681 megawatts, the Energy Ministry’s spokesman for the power department said.
INSTEX offers ‘almost nothing’: lawmaker
A member of Iranian parliament says that Europeans should not pin hope on INSTEX as a tool for persuading Iran to stop reducing commitments to nuclear deal because the financial channel offers ‘almost nothing’.
Quarterly sponge iron output up 13% year on year
Production of sponge iron in Iran rose 13 percent during spring, which corresponds to the first quarter of Iranian calendar year, compared to the same period of time in the past year, IRNA reported on Monday.
800km of gas pipelines to be added to national network by Mar. 2020
Head of Iranian Gas Engineering and Development Company (IGEDC) said the company plans to build 800 kilometers of pipelines for gas transmission by the end of the current Iranian calendar year (March 20, 2020).
Stock market value reaches $285.7b
The value of stock market in Iran reached 12.282 quadrillion rials (about $285.714 billion) at the end of the third Iranian calendar month of Khordad (June 21), Securities and Exchange Organization (SEO) published on its website SENA on Sunday.
TAVANIR poised to boost electricity exports to Iraq
Managing Director of Gharb (West) Regional Power Company Ali Asadi on Monday revealed the new strategy by Iran Power Generation, Transmission & Distribution Management Company (TAVNIR) for increasing electricity exports to Iraq.
Iran, Iraq investigate reduction of Internet transit tariffs
In a meeting between the head of Telecommunication Infrastructure Company of Iran and the visiting Iraqi minister of communications, the two sides discussed reduction of Internet transit tariffs between the two countries.
Construction of 800km of railway to be accomplished by Mar. 2021
Managing Director of the Islamic Republic of Iran Railways (RAI) Saeed Rasouli announced on Sunday that by March 2021, construction of some 800 kilometers of railway will be completed.