Mapna Group to build 1,500 MW power plants for domestic industries
Mapna Group CEO Mohammadali Olya announced the implementation of a new initiative to construct 1,500 megawatts (MW) of power plants dedicated to supporting domestic industries.
The project, part of the “Industrial Power Plant Construction Plan,” aims to enhance energy security and meet the growing demands of Iran’s industrial sector.
Olya, speaking at the delivery ceremony of the latest locomotive unit for Mobarakeh Steel Complex (MSC), revealed that 800 MW of the planned power plants will be renewable energy facilities.
He emphasized the company’s ongoing efforts to develop multiple solar energy projects, some of which are being carried out in collaboration with industrial partners.
One of the largest solar power plants under development is the Eastern Sun Project in Isfahan, owned by MSC. Olya noted that the first phase of this project is set to be completed by the end of this year or early next year, with the entire project expected to be operational by the end of the Iranian calendar year 1404 (March 2026).
Regarding Mapna’s locomotive and wagon manufacturing activities, Olya stated that the majority of production is focused on domestic needs. The company’s locomotive factory currently has an annual capacity of 50 units, with a significant portion already operational. He expressed optimism that new contracts with domestic industries could further increase this capacity.
Olya also highlighted that 60% of the locomotive production capacity is currently active based on existing orders. He pointed to the Commonwealth of Independent States (CIS) region as a key export market, with several countries nearing contract agreements. Additionally, Mapna is involved in locomotive and wagon repair and refurbishment projects in Iraq.
On the South Pars pressure boosting project being implemented by Mapna, Olya mentioned that the recently signed contract, requires financial backing and advance payments to proceed.
He expressed confidence that the project, critical to Iran’s energy security, would commence in the first half of the next Iranian calendar year. However, Mapna has already begun engineering work in preparation for the project’s implementation.
The ceremony for the delivery of the latest locomotive unit to MSC was held on Thursday, attended by Saeid Zarandi, CEO of the complex. The event highlighted Mapna’s ongoing contributions to Iran’s industrial and energy sectors, reinforcing its role as a key player in the nation’s development.
Mapna Group, a leading Iranian industrial conglomerate, has long been at the forefront of energy and infrastructure development in the country. Known for its expertise in power plant construction, renewable energy projects, and locomotive manufacturing, the company plays a critical role in supporting Iran’s industrial growth and energy security.
In recent years, Mapna has expanded its focus on renewable energy, aligning with global trends and Iran’s domestic needs for sustainable energy solutions.
The company’s latest announcement underscores its commitment to bolstering Iran’s industrial sector by addressing its energy demands. With industries facing increasing pressure to reduce reliance on traditional energy sources, Mapna’s initiative to build power plants, including renewable energy facilities, marks a significant step toward modernizing the country’s energy infrastructure.
Iran’s industrial sector has faced some challenges in recent years, including energy shortages and the need for modernization. The country’s reliance on traditional energy sources has also raised concerns about sustainability and environmental impact.
Mapna Group’s latest initiative to build power plants, particularly renewable energy facilities, reflects a broader shift toward addressing these challenges. By integrating renewable energy into its industrial infrastructure, Iran aims to reduce its carbon footprint and enhance energy efficiency, ensuring long-term economic and environmental benefits.
The collaboration between Mapna and key industrial players like MSC underscores the importance of public-private partnerships in driving large-scale infrastructure projects.
As Iran continues to navigate economic pressures and global energy transitions, initiatives like these are critical to securing the country’s industrial future and energy independence.