MAPNA SIGNS TWO CONTRACTS WITH NATIONAL WATER & WASTEWATER COMPANY

MAPNA Group and National Water & Wastewater Engineering Company of Iran signed two contracts on Saturday, August 13.

The two contracts were penned during an inclusive public-private partnership event attended by high-ranking government officials.

The first contract guarantees purchase of potable water generated by MAPNA in its power & water co-generation plant in Qeshm, Persian Gulf’s largest island while the second contract relates to sewage treatment in MAPNA-owned Parand Power Plant, 30 kilometers southwest of Tehran.

A high-ranking ensemble including Vice President Eshaq Jahangiri, Minister of Power Hamid Chitchian, Governor of Tehran Province, and fifty members of Majles, the parliament, oversaw the signing of the contracts.

The build-own-operate (BOO) contract for guaranteed purchase of potable water was signed between MAPNA Group CEO Abbas Aliabadi and representative of Hormozgan Province ABFAR, rural water and wastewater company. Under the terms of the contract, a daily volume of 18 thousand cubic meters of drinkable water produced by Qeshm power plant will be delivered to National Water & Wastewater Engineering Company of Iran.

MAPNA was the investor and EPC contractor of the Qeshm Power & Water Co-Generation Plant was put into operation in 2015 to provide potable water for half of the population of Qeshm Island.

The second contract was signed by MAPNA Investment Projects CEO Khalil Behbahani and a representative from Arian Mahtaab Gostar Company. The contract will see the two parties serving as co-investors and co-procurers for the Parand Power Plant sewage treatment project.

A total number of twenty-two contracts were signed between private companies and National Water & Wastewater Engineering Company of Iran during the ceremony on a wide range of projects including desalination, groundwater exploitation, and construction of sewage systems.

Power Minister Hamid Chitchian highlighted the importance of implementing seawater desalination projects to cater drinkable water to an increasing population. Pointing to Iran’s need for substantial investment in water projects, Chitchian expressed the government’s interest to engage the private sector in desalination, sewage system construction, and sewage treatment projects.

National Water & Wastewater Engineering Company of Iran has plans to attract 54 thousand billion rials (more than 1.7 billion USD) of investment in forms of build-own-operate (BOO), build-operate-transfer (BOT), refurbish-operate-transfer (ROT) and buyback schemes according to the organization’s CEO Hamidreza Janbaz.