Company

AJ Holding

Trade risk

United Arab Emirates.

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Summary

It requires the UAE company to execute the project in the "shortest possible time", where some of the plants should join the grid before the summer." (Pars Today, "UAE to build 300 MW power projects in Iran's Khuzestan," 12/8/21) (https://parstoday.com/en/news/iran-i160062-uae_to_build_300_mw_power_projects_in_iran's_khuzestan)

"Under an MoU signed between Managing Director of Khuzestan Regional Electric Co. Mahmoud Dasht-Bozorg and AJ Holding CEO Allan Jespersen, the Dubai-based company has undertaken to build gas-fired thermal, solar and wind power plants in the hydrocarbon-rich province [Khuzestan province in southwest Iran].

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