Khuzestan electricity company signs MoU with French investor

IRNA — Managing Director of Khuzestan Regional Electricity Company (KREC) Mahmoud Dasht-e-Bozorg said on Saturday that KREC has signed memorandum of understanding (MoU) with French investing company of “ Green Coast Solution’.

He said in direction of expanding usage of renewable energies technologies, clean energy and absorbing foreign investment, the MoU was signed by Green Coast Solution to design, finance and execute projects to build renewable power plants.

Dasht-e-Bozorg said that investment capacity to build more than 2,000 megawatts of different renewable power plants, photo voltaic, solar, thermal, wind, waste-to-energy plant exist in Khuzestan and Kohgiloyeh va Boyer Ahmad provinces.

These two provinces are operational field of KREC.