Hydroelectric power stations

Investment opportunities and opportunities

 

Investment potentials For investment in hydroelectric power stations (first priority)

No.

Name of the project

Responsible executive department

Province

Type of dam

Power station nominal capacity (Megawatt)

Annual output

(Gigawatt per hour)

1

Khoda Afarin dam

Azarbaijan Water Company

East Azarbaijan

Earth dam with a  clay core

100

275

2

Shahriyar dam (Estor)

East Azarbaijan

Double-curvature arch dam

27

169

3

Ghizghalesi

East Azarbaijan

Earth dam with a  clay core

40

135

4

Bijar city dam

Gilan Water Company

Gilan

Concrete Face Rockfill Dam (CFRD)

6.3

25

5

Azad

 

Water and Power Company

Kurdestan

(CFRD) with a clay core

9.9

40

6

Zayanderoud regulatory

Isfahani

Concrete gravity dam

8.5

37

7

Dez regulatory

Khuzestan

Concrete gravity dam

20

148

8

Klu river

Private sector

Khuzestan

Stream dam

9.6

50

9

Chute or spillway return channel A

Private sector

Ardebil

Stream dam

 

0.6

 

4

10

Shillooshet

Gilan

Stream dam

1

6

11

Klivar

Gilan

Stream dam

2

11

12

Alborz dam (Pashakola)

Mazandaran Water Company

Mazandaran

(CFRD) with a clay core

6

25

13

Karkheh Diversion- Regularity Dam (Bridge Foot)

Khuzestan Water Company

 

Khuzestan

Roller Compacted Concrete (RCC)

Dam

8

60

14

Zola

West Azerbaijan Water Company

West Azarbaijan

Earth dam with a  clay core

3.6

9.5

15

Golpayegan

Isfahan Water Company

Isfahan

 

Earth-Rockfill dam

 

4

18

16

Salman Farsi dam (Ghir)

Fars Water Company

Fars

Concrete arch gravity dam

4.5

35

17

Raeeis Ali Delvari dam

 

Bushehr Water Company

Bushehr

Double-curvature arch dam

14

73

Total

265

1120

 

Investment potentials  For investment in hydroelectric power stations (second priority)

No.

Name of the project

Responsible executive department

Province

Type of dam

Power station nominal capacity (megawatt)

Annual output

(gigawatt per hour)

1

Ramhormoz dam (Jareh)

Khuzestan Water Company

Khuzestan

Earth dam with a clay core

9

49.78

2

Dez diversion dam power station

Khuzestan

Concrete dam

3.6

25.3

3

Ramshir diversion dam power station

Khuzestan

Regulatory-diversion dam

2.5

17

4

Shohada diversion dam power station

khuzestan

Regulatory-diversion dam

2

11.7

5

Pichaab

Water and Power Company

Kohkiluye va Boyer Ahmad

Stream dam

4

21

6

Cheshme Mishi

Kohkiluye va Boyer Ahmad

Stream dam

0.6

2.8

7

Chubkhal

Kohkiluye va Boyer Ahmad

Stream dam

5

25.5

8

Zivkeh

West Azarbaijan

Stream dam

6

30

9

Kahgol

Kohkiluye va Boyer Ahmad

Stream dam

1

4.8

10

Moshtarak

Kohkiluye va Boyer Ahmad

Stream dam

1

4.3

11

Nari

West Azarbaijan

Stream dam

2

9

12

Increase height of Shahid Kazemi dam (Zarineroud)

West Azarbaijan Water Company

West Azarbaijan

Earth dam with a clay core

13.5

50

13

Drik

West Azarbaijan

Stream dam

3.5

15

14

Saroogh

West Azarbaijan

Rockfill dam with a clay core

2.5

10

15

Agh Chay dam

West Azarbaijan

Earth dam with a clay core

15

30

16

Maku (Baroon)

West Azarbaijan

Earth dam with a clay core

40

115

17

Mamloo dam (Darvazeh)

Tehran Water Company

Tehran

Earth dam with a clay core

8.5

32

18

Namrood

Tehran

Earth dam with a clay core

6.5

16

19

Doosti dam

Khorasane Razavi Water Company

Khorasane Razavi

Rockfill dam with a clay core

24

54

20

Roubal Darab dam (Bardnow)

Fars Water Company

Fars

Earth-Rockfill dam

2.4

8

21

Siazaakh

Kurdestan Water Company

Kurdestan

Earth-Rockfill dam

8.4

36

22

Normashir

Kerman Water company

Kerman

(CFRD)

5

43

Total

166

610

Total sum

431

1730

 

Existing incentives and advantages

•Use of buyback contract form for investment (Article 82 of the Fifth Iranian Five Year Development Plan Act)

•Offering public bonds (Article 83 of the Fifth Iranian Five Year Development Plan Act)

•Use of revenues generated by the Iranian National Development Fund (Article 84 of the Fifth Iranian Five Year Development Plan Act)

•Use of capacities of the Islamic transactions (Mozarebe cooperation in buying and selling commercial goods, Mosharekat (participation), Joale, Estesna, Kharid-deyn or receivable-financing or factoring,….) (Third chapter of the Law on the interest-free banking operation of Article 98 of the Fifth Iranian Five Year Development Plan Act)

•Use of financial controlled (administered) funds or resources in the investment (Article 118 of the Fifth Iranian Five Year Development Plan Act)

•Use of financial resources generated by selling properties (Article 133 of the Fifth Iranian Five Year Development Plan Act)

•Supporting renewable and clean energy sources (Article 139 of the Fifth Iranian Five Year Development Plan Act)

•Facilitating guaranteed purchase, investment and private ownership in water sector (Article 142 of the Fifth Iranian Five Year Development Plan Act)

•Use of banking resources and LC for facilitating engagement of the private sector (Article 214 of the Fifth Iranian Five Year Development Plan Act)

•Selling Sukuk or Islamic bonds and hard currency participation securities- Use of financial controlled (administered) funds or resources (para. Q and para R. of Article 224 of the Fifth Iranian Five Year Development Plan Act)

•Allocation of a part of the fund saved by the Iranian targeted subsidy plan for using it in promoting activities in water and electricity sectors (Article 8 of the Iranian Targeted Subsidy Plan Law)

•Allocation of a part of the fund saved by the Iranian targeted subsidy plan through banks and financial institutions for using it to support private investors (Article 9 of the Iranian Targeted Subsidy Plan Law)

•Dealing with the adverse consequences of implementation of the Iranian targeted subsidy plan (Article 11 of the Iranian Targeted Subsidy Plan Law)

•Opening LC in Rial for governmental companies (Article 2 of the Act on Adjusting a Part of the Government’s Financial Rules)

•Foreign investment promotion (Article 6 of the Act on Adjusting a Part of the Government’s Financial Rules)

•Selling non-budgetary bonds (Article 52 of the Act on Adjusting a Part of the Government’s Financial Rules)

•Use of controlled (administered) funds for empowering the private sector (Article 53 of the Act on Adjusting a Part of the Government’s Financial Rules)

•Diversification in supplying financial resources by concluding Islamic transactions with capital owners (Article 56 of the Act on Adjusting a Part of the Government’s Financial Rules)

•Use of the financial resources generated by selling electricity for promotion of investment in hydroelectric power stations (Article 61 of the Act on Adjusting a Part of the Government’s Financial Rules)

•Act of Promotion of Investment in water sector plans and projects

•Use of a part of the saved funds for concluding investment contract in contract forms of buy-back, BOT or any other forms as stipulated in para. B of Article 214 of   the Fifth Iranian Five Year Development Plan Act for implementation of improvement plans, reduction of energy consumption and promotion of renewable energies (para. S of Note 2 of the Iranian Budget Law for 2014-2015)

•Use of the resources from the Iranian National Development Fund for promoting water and power sectors (para. N of Note 5 of the Iranian Budget Law for 2014-2015)

 •Selling participation (Mosharekat) bonds and Islamic bonds or Sukuk for investing in power plans and projects (para. A of Note 6 of the Iranian Budget Law for 2014-2015)

• Levying a 30 Rial charge in favor of renewable power stations (para. G of Note 9 of the Iranian Budget Law for 2014-2015)

•Providing investors with the fuel saved or its equal volume of crude oil out of the fuel savings (para. E of Note 11 of the Iranian Budget Law for 2014-2015)

General information on the investment plan

General information on investment in hydroelectric power station plan

Output capacity (Megawatt)

1.2

Primary investment cost (Billion Rials)

51

Construction period (year)

2.5

Payback period (Year)

5.5

Internal Rate of Return (IRR)

25%

Benefit-cost Ratio (B/C)

2.05

Responsible departments and modes of communication with them

 

No.

Responsible departments

Name of the related sub-department

Tel Number

1

Iran Water Resources Management Company

Hydroelectric Power Stations Management Office

+9821-88896636

2

Iran Water and Power Resources Development  Company

Investment and Finance Mobilization Department

+9821-27823213

3

Ministry of Energy

Office of Privatization of Electric Industry

021-81606880+98

Water and Power Marketing & Privatization Regulatory Offic

+9821-81606760