The Ministry of Electricity has established new mechanisms and standards to attract credible local and international investment companies for investment in the power generation and distribution sectors.
Investment in the Power Generation Sector requires investment companies to have extensive experience in the electricity industry. The company should have executed similar projects for building power plants according to the specifications and requirements of the Ministry of Electricity.
The investment company must commit to completing the projects within the timeline specified in the signed contract, and provide a summary of its previous work and the success of its similar projects.
Based on this, the Ministry ensures the credibility of these companies to avoid entering into contracts with low-quality or fake companies for project execution.