The document was signed in a ceremony held in the presence of Iranian Minister of Petroleum Bijan Zangeneh, between Jafar Tofighi, RIPI CEO, and Alireza Nouri, the CEO of Aran Energy Systems Company, in Tehran on Saturday.

The parties to the contract suggested that a number of the devices be used in the public sector for a period of 6 months in order to solve possible problems by using the results and reduce the final price with mass production.

Jaber Neshati, head of the Energy and Environment Campus of RIPI, said: "According to the contract, 85 units of this device will be produced in the first year and this number will increase in the coming years."