GET TO KNOW MAPNA

MAPNA Group is an industrial enterprise, consisting of MAPNA Group Company, as a parent company, and more than 40 specialized subsidiaries and affiliates. The Group is active in a wide spectrum of businesses, including, engineering, construction and development of thermal power plants, renewables, combined heat and power (CHP) facilities, combined power generation and water desalination plants, as well as engineering, execution and development of offshore and onshore oil and gas projects, execution of rail transportation projects, electrification, medical imaging services, operation, repair and maintenance services. MAPNA is also engaged in financing industrial projects within a variety of investment frameworks.

Through development of indigenous knowhow and acquisition of leading-edge technology, MAPNA Group designs and manufactures a wide range of advanced industrial machinery including, gas and steam turbines, wind turbines, turbine spare parts, blades and vanes, conventional boilers and heat recovery steam generators, thermal and hydro-generators, turbo compressors, control and safety systems, and passenger and freight locomotives, as well as operation and maintenance services at world-class level.

MPANA has a 50% share in the development of Iran's power capacity. The Group is also a major player in Iran's oil & gas and rail industries. High quality and competitive prices have helped our corporation to take an active role in the international markets.

MAPNA was established under the title "Iran Power Plant Projects Management Company" in August 1993. It began as a general contractor for power plant projects, working under turnkey schemes. The company gradually evolved from a sole contractor in 1990s and licensed producer in the 2000s to a technology owner in the 2010s, currently a leading name in the global gas turbine market.

The Group’s activities are deeply connected with serving the basic needs of the Iranian industries; since its inception, the conglomerate has been seeking to play the role of a "problem solving enterprise" in tackling strategic and infrastructural challenges. In recent years, MAPNA has attempted to employ the experience of industrial and managerial elites in the development of innovative scientific and technological techniques. The Group's activities in this field include developing intelligent infrastructure and electrifying transportation systems.

MAPNA Group aims to keep up with rapid global industrial trends through the transfer of technology and partnering with multinational companies, as well as acquisition of the know-how for localization of industrial products to help transition Iran into a country with advanced infrastructure.

In the mid-2000s, MAPNA Group joined two strategic sectors, oil & gas and rail transportation, relying on massive capabilities and managerial experience of the past decade. The construction of advanced passenger locomotives in collaboration with recognized international brands, as well as its presence as a contractor in oil and gas projects were among the most important measures by the Group in these two areas.

By the late 2000s, looking for new ways to realize its developmental aspirations and stay ahead of competitors in the fast-moving market, MAPNA founded its Research and Development (R&D) department to serve as its innovation engine and yield the critical technology from which it can develop new products, services, and business models; MAPNA’s homegrown MGT-70 (3) gas turbine was the first fruit of the new approach to R&D and modern technology adventures; the product is comparable to international models in terms of quality and are considered a turning point in independent design and manufacture of gas turbines that can help the country’s power plant sector evolve significantly.

In October 2013, the company's name was officially changed to "MAPNA Group" to reflect its development of business horizons beyond the management of power plant projects in the electrical industry.

The 2010s was the era of MAPNA’s flourishment in the oil & gas and rail industries. In 2018, the conglomerate became the first Iranian contractor to qualify for oil exploration and development, securing an agreement with the Oil Ministry to develop and operate Danan, Parsi and Paranj oilfields in Iran's Khuzestan Province.

Soon after entering the rail transportation market, MAPNA Group turned into a key actor of the industry and is now planning to enter regional markets. The significant amount of investment made in the sector is illustrative of the fact that the rate of demand growth in Iran is very high.

In the long run, MAPNA’s strategy is to broaden its product portfolio and promote its supply chain in wide gamut of fields, including the health, information technology, water, electrification, petrochemicals, and oil & gas sectors, in line with the plans to contribute the Iran’s industrial development. Such a vision is not restricted to domestic projects as the Group aspires to promote its brand in the international markets, including the Middle East, West Asia and North Africa, through cooperation with foreign and domestic knowledge-based firms.

HONORS AND AWARDS

 

 

  • Top Iranian contractor acknowledged by the Industrial Management Institute of Iran;
  • First place among industrial equipment manufacturing companies (awarded to MAPNA Turbine Engineering and Manufacturing Company);
  • First place in Iran’s 2010 National Award for Knowledge Management;
  • Top National Award for HR Excellence 2010;
  • Among the top 100 companies in the Middle East in 2020 according to MEED;
  • Among the top 50 active companies in Tehran Stock Exchange;
  • Among the top 10 quality companies according to an assessment by the GIC International Institute;
  • Two awards for the EFQM Excellence Model and National Productivity, by MAPNA Group, as the parent company, and MAPNA Turbine Engineering and Manufacturing Company;
  • Five awards for the EFQM Excellence Model and National Productivity, by MAPNA Group subsidiaries;
  • Holder of national record for complete overhaul of South Isfahan power plant gas unit within 36 days;
  • Top brand in the 1st edition of National Assessment of Iranian Brands;
  • Among the top 10 power plant manufacturers in the world based on Gas Turbine World’s 2015 evaluation;
  • More than 60,000 MWs of power either synchronized, under construction or under negotiation;
  • Holding 46.8% share in the synchronized power projects in Iran;
  • MAPNA’s synchronized power projects in comparison with the country’s total nominal power capacity: 60%
  • Construction of Raysut and Qarn Alam power stations in Oman, Al-Sadr and Haydariyah power stations in Iraq, Tishreen and Jandar power stations in Syria, and the complete overhaul of Belawan power station in Indonesia;
  • Participation in international tenders in Syria, Iraq, Lebanon, Algeria, Malaysia, Oman, and Pakistan;
  • Signing more than 20 contracts for transferring the technology of design, engineering and manufacturing equipment and project management with prominent international companies such as Siemens, KROHNE and Fuhrländer (Germany); ABB (Switzerland), Doosan (South Korea), Macchi (Italy), Doncasters (England), Elbar (Netherlands), Zorya and Sumy Frunze (Ukraine), Jeumont and Fuller (France), Power Turbine (Russia), SEC (China) in power, oil and gas, and rail transport industries;
  • Certificate of appreciation and commitment to the EFQM Excellence Model (awarded to five subsidiaries of MAPNA Group);
  • Second rank for MAPNA Boiler and Equipment Engineering and Manufacturing Company in McCoy Power Reports 2017 Preliminary League Table of Manufacturers;
  • Fifth rank for MAPNA Boiler and Equipment Engineering and Manufacturing Company in McCoy Power Reports Q1 2019 Official League Tables of Technology Owners

MAPNA’S STATUS

  • The first and largest general contractor of power plants in the Middle East and West Asia;
  • The first and largest manufacturer of major power plant equipment in Iran;
  • The first and largest investor in private power plant projects in Iran;
  • General contractor of upstream and downstream projects in the oil and gas industry;
  • Manufacturer of locomotives and moderator of rail transport projects in Iran.
MAPNA’S STATUS

FIELDS OF ACTIVITY

POWER

MAPNA is the first and largest general contractor of power plants in the Middle East and West Asia. The Group is also the single major manufacturer of power plant main equipment and facilities and investor in private power plant projects across Iran. Relying on the ability of talented experts, the Group has played a significant role in the construction of 60,000 megawatts of power plants, of which 5,000MW have been implemented abroad. In addition to its strategic direction in carrying out turnkey power plant projects (EPC) and the production and supply of power plant equipment, MAPNA offers a wide spectrum of services and solutions to meet the major needs of the customers. MAPNA services in the electricity sector include operation, repair, maintenance, and supply of spare parts as well as specialized training and transfer of knowledge.

MAPNA provides an optimal combination of products and services, designed and implemented as ready-made packages, to address the challenges and needs of customers. Conversion of gas-fired power plants into combined cycle, the NIAM (Persian acronym for MAPNA Standard Design for Power Plants), clean energy projects and distributed generation and cogeneration projects, are among the conglomerate’s solutions, all of which have been developed and implemented by hardworking experts based on modern technologies.

POWER

OIL, GAS & PETROCHEMICAL

MAPNA Group's remarkable experience in power plant projects and the successful implementation of major national projects, have increased its determination to apply its capabilities and potentials in the oil & gas and petrochemical industries. Technical capabilities and the use of new managerial approaches have helped the Group to take a new step towards the development of the country's oil & gas industry.

MAPNA currently plays a significant role in the country’s oil & gas sector, thanks to the evolution of the Group’s macro policies in the past years. The oil & gas sector currently constitutes a big share of MAPNA’s activities.

OIL & GAS

RAILWAY TRANSPORTATION

MAPNA is considered as one of the leading players in the railway sector with years of experience and success in a variety of industrial sectors. The Group’s rail transportation division was founded to provide equipment and engineering solutions for the domestic and regional rail industries.

Currently, six subsidiaries including MAPNA Locomotive Engineering and Manufacturing Company (MLC), MAPNA Railway Maintenance and Operation Development Company (MRM), MAPNA Railway Construction and Development Company (MRC), MAPNA Rail Technologies Company (MRT), MAPNA Railway Fleet Development Company (MRFD), and MAPNA Multimodal Transportation Company (MMT), are engaged in the design, manufacture and exports of railway equipment and machinery.

With an already remarkable record in the power plant industry, MAPNA Group entered the rail sector after extensive negotiations with the Islamic Republic of Iran Railways and the Economy Council – a state coordinating committee.

The conglomerate established MAPNA Locomotive Engineering and Manufacturing Company (MLC) – Iran's first and leading manufacturer of diesel-electric locomotives – in 2007 with a focus on the design, engineering, and manufacture of passenger, freight and maneuvering locomotives.

MAPNA Group embarked on this mission by committing to deliver 150 diesel-electric passenger locomotives under a Siemens license to the Islamic Republic of Iran Railways.

Shortly after the launch of MLC’s production line in 2010 and 2011, the company’s engineering team proposed the construction of passenger, freight and maneuvering locomotives. Subsequently in 2012-2013, MLC prioritized the acquisition of engineering knowledge by local experts, and within 18 months, the company delivered six 45-ton hydrostatic diesel-engine tunnel locomotives.

After a while, relying on its advanced technical, manufacturing, and executive capacity, MAPNA decided to expand its horizons and provide services for urban passengers and promoting urban rail projects including metro, tram, and monorail. The Group entered urban rail transit sector after winning the tenders for Mashhad subway project in 2008 and Qom monorail project a year later. In 2009, MAPNA Group was awarded 52% of the EPC contract for the Qom City Monorail, the first monorail in Iran; the project kicked off in early 2010, marking MAPNA’s first operation in the urban rail transportation.

The expertise of MAPNA in delivering engineering, managerial and financing services in these projects helped it win the Tehran Metro tenders, resulting in the signing of the contract for Line 6 project in early 2017.

MAPNA’s outlook for the rail transportation is closely tied to improving the quality of urban life. MAPNA Group also holds bigger goals, intending to become one of the region's leading rail enterprises by participating in international bids in the Middle East and East Asia.

RAILWAY TRANSPORTATION

 

INVESTMENT

Relentless competition is one of the core features of today’s market economy. Corporations, today, are trying to have an upper hand in industrial markets by entering broader and more trending lines of business. They have realized that economic growth is accomplished by running projects in a wide range of fields including energy, transportation, and new trending businesses; such projects require funding, investment management and risk management.

MAPNA Group, engaging in the rapid industrial expansion of the country, has reviewed its activities with a focus on establishing the Investment Projects Division to expand its footprints in the international markets as well; the Group has been pursuing ways to link with potential partners and investors to realize this goal.

Thanks to its growing image and strong access to domestic and foreign financial resources, MAPNA enjoys vast investment potentials, independently or jointly, in diverse industrial fields, including power plants, oil & gas, and rail transportation, as well as other booming sectors.

INVESTMENT

ELECTRIFICATION

In addressing the challenge of energy sustainability and quality of life, transportation is a key area as heavy fossil fuel consumption by vehicles and its consequent energy waste and air pollution has turned into a major cause of concern.

Electrification is considered a clean and environmentally friendly solution to tackle this grave challenge. Many countries around the world have already started the mass-production of all-electric vehicles to combat air pollution, reduce emissions and greenhouse gases, and further protect the environment.

According to a study by the Joint Research Centre of the European Commission, using all-electric and hybrid vehicles saves about 30% of well-to-wheel energy consumption, depending on how the electricity and power plants’ primary fuel are supplied. Therefore, the modification of urban transportation fleet will result in reducing pollutants and subsidies, increasing fuel exports as well as creating job opportunities.

Car electrification can also help the household economy, as covering the same distance with gasoline-powered cars in Iran costs 10 times more than filling up EV batteries.

MAPNA, as a leading industrial player in Iran, has prioritized the development of EV infrastructure in the country. The Group has well demonstrated its innovative strategies in the past years to realize the country’s electrification goals as part of its environmental, economic and social responsibilities.
ELECTRIFICATION

HEALTH

Physical and mental health are critical issues, and investing in such fields is one of the top corporate social responsibilities (CSR) that leading industrial companies must adhere to.

MAPNA Group established the MAPNA Healthcare Company (MHC) with the cooperation of the Iranian Ministry of Health in 2016, not only as a business strategy, but also as a moral obligation toward social well-being.

MHC currently procures medical equipment such as CT Scanners, MRIs, and angiography machines

The company’s initial mission was to transfer knowledge for the development of the latest medical equipment. It has now obtained the know-how to manufacture the much-needed medical tools inside the country, with a focus on the localization of advanced medical equipment under the MAPNA brand.

MAPNA Healthcare Company has so far inked deals with 30 top Iranian universities of medical sciences (that, by law, administer public hospitals) to equip 182 affiliated hospitals with medical equipment.

MHC has equipped 34 hospitals with imaging equipment, pledging to supply the remaining centers with their demands within a five-year plan, based on the priorities announced by the Health Ministry.
HEALTH