Rahim Minaei, the project manager for the West Karoun Power Plant, stated that NIOC's electricity consumption in the West Karoun region is approximately 100 megawatts.
He added that under a contract with MAPNA Group, NIOC pays €6 million monthly to secure the full 430-megawatt capacity of the plant, even if it does not utilize all the electricity generated.
Minaei noted that from late May to the end of October this year, about 767 million kilowatt-hours of electricity produced at the West Karoun Power Plant were fed into the national grid.
Highlighting the collaboration between NIOC and the Ministry of Energy, Minaei emphasized that NIOC has injected over 2 billion kilowatt-hours of electricity from the West Karoun Power Plant into the national grid since the summer of 2020.
This effort has played a significant role in stabilizing the electricity supply in the city of Ahvaz and Khuzestan Province, contributing to reliable energy provision in the region.
MAPNA Group, the investor in the project, secured part of the required capital through advance electricity purchases. Prior to the plant's commissioning, €30 million were paid to MAPNA, and the contract is guaranteed for 20 years.
The agreement to build the West Karoun Power Plant to supply electricity to the region's oil fields was signed with MAPNA in 2016. The plant has a capacity of 430 megawatts and consists of two gas units and one steam unit.
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