GROUP STRUCTURE

The Holding Company underwent two major restructurings in 2007 and 2009 and a recent one in 2012. Now, MAPNA Group companies are categorized in five divisions each assigned with a specific task to carry out.

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Power

Oil and Gas

Railroad Transportation

Investment Projects

Water and electricity generation projects in Hormozgan province were inaugurated with Qeshm water and electricity generation project. It is the first investment MAPNA made in the business. The project has two units each of 25 mW (total 50 mW under ISO condition) and 18,000 cubic meters of water per day. Both 25 mW units are worked out and water desalination unit is in pre-operation phase.

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With the emergence of new perspectives on environment and more frugal approaches in using fossil resources, using wind power as a renewable energy has taken an increasing turn in many countries.

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Parehsar combined cycle power plant, a BOT scheme and 968 mW (ISO conditions), includes two blocks (each comprising two gas units of 162 mW and a steam unit of 160 mW capacity. It is located 5km from Rezvanshahr in Parehsar County in Guilan province. As the first case of private sector participation in power sector, the power plant was won during an international tender in 2000. In 2007, all shares of foreign shareholders were transferred to MAPNA, which created a new company, MAPNA Parehsar Power Plant Co with the following percentage of shares:

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Tous Power Plant (Ferdowsi) comprises six units, each with a generation capacity of 159MW (under ISO conditions) Siemens V94.2 type and a 400KW substation and is located 15km Mashad-Qouchan road in the vicinity of older Tous power plant.

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The need to establish new power plants to meet the increasing demand, and with favourable environment in MAPNA Group in investments in power plant construction projects, the managing board of the group received a mandate from TAVANIR proposing construction of a 1000 mW power plant under BOO scheme late October 20099, which ultimately established MAPNA Khuzestan Power Generation Co in May 28 2011.

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Asaluyeh Power Plant includes 3 gas units each with a generation capacity of 157 mW, Tuga V94.2 type (under license from Siemens) and 2 gas units of MAP2+ Tuga type each with a 166 mW and a single 170 mW of MAP2A Tuga type, and the relevant 400 kV substation and is located 25 km off South Pars Special Economic Zone and in the vicinity of Bostano village in the Southern Iranian province of Bushehr. 

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Genaveh combined cycle power plant was commissioned in 2006 in a BOO scheme in compliance with Note B of Article 25 of the Fourth Development Plan to MAPNA Group.

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The power plant was constructed by a BOO scheme, and comprises six units each with 162 mW and total nominal capacity of 972 mW, and is convertible to combined cycle power plant. The power plant is located in Aliabad Katoul in north-eastern province of Golestan. Azarakhsh Power Plant Company was established as a project company by MAPNA and Sana Companies as sponsors and is assigned with management of power plant construction and operation.

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South Isfahan Power Plant was inaugurated as the country’s first private power plant in February 3 2006, and having sold for a year electricity to national grid, joined the grid in full operation.

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In line with the objectives set by the 44th article of the Islamic Republic of Iran’s Constitution, which mandates participation of the private sector in electricity industry, a gas power plant construction was assigned to MAPNA Group with nominal capacity of 972 mW under BOT (ISO condition) scheme in December 2004. The contract agreement, also called Energy Conversion Agreement, of Fars Gas Power Plant was signed in July 4 2005 between TAVANIR as off-taker electricity purchaser and Fars Power Plant Co. representing MAPNA International FZE for 20 years of electricity delivery. 
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Production

Other