Thermal Power Market Outlook in Iran to 2020 - Capacity, Generation, Regulations, Major Power Plants, Market Share of Key Equipment Manufacturers and Key Companies

Report Summary

GlobalData’s Power Industry offering, “Thermal Power Market Outlook in Iran to 2020 - Capacity, Generation, Regulations, Major Power Plants, Market Share of Key Equipment Manufacturers and Key Companies” gives a view of Iran’s thermal energy market and provides forecasts to 2020. This report includes information on thermal (coal, oil and gas) installed capacity and generation. It provides information on key trends, market share analysis of key equipment (turbines, boilers and generators) manufacturers, profiles of major industry participants, information on major power plants and analysis of important deals. This, along with detailed information on the regulatory framework and key policies governing the industry, provides a comprehensive understanding of the market for thermal power in the country.

This report is built using data and information sourced from proprietary databases, primary and secondary research and in-house analysis by GlobalData’s team of industry experts.

Scope

• Brief introduction to the overall power and thermal energy market in Iran, highlighting the fuel types – coal, oil and gas
• Data provided historically from 2001 to 2009, forecast to 2020
• Data on installed capacity and power generation
• Market share of key equipment (turbine, boiler and generator) manufacturers
• List of major current and upcoming thermal power plants
• Policy and regulatory framework governing the market
• Deals in the thermal energy market in Iran for the past year. Deals analyzed on the basis of M&A, partnership, asset financing, debt offering, equity offering and PE/VC

Reasons to buy

• Identify key growth and investment opportunities in the country's thermal energy market.
• Position yourself to gain the maximum advantage of the industry’s growth potential.
• Understand and respond to your competitors’ business structure, strategy and prospects.
• Facilitate decision-making based on strong historic and forecast data, deal analysis and recent developments.
• Develop strategies based on the latest operational and regulatory events.
• Identify key deals providing understanding of the mergers and partnerships that have shaped the market

1 Table of Contents 2

1.1 List of Tables 8
1.2 List of Figures 9

2 Executive Summary 10
2.1 Iran Thermal Power Market, Historical and Forecast Installed Capacity – Continued Growth in Thermal Power Installed Capacity 10
2.2 The Global Thermal Power Market Scenario - Robust Growth to Continue 10
2.3 Iran Power Market, Electricity Production by Fuel Type, 2001-2020 – Thermal Power Dominates. 11

3 Introduction 12
3.1 World Energy Market: Fossil Fuels Continue to Dominate 12
3.2 Global Thermal Power Market During the Financial Crisis 12

4 Global Thermal Power Market Senario: 2001- 2020 13
4.1 Global Thermal Power Market, Historical and Forecast Installed Capacity, 2001-2020 13

5 Thermal Power Markets: Technology Types 17
5.1 Overview 17
5.2 Thermal Power Market: Technology Types 17
5.2.1 Coal Fired Power Plants 17
5.2.2 Oil Fired Power Plants 18
5.2.3 Co-Firing Power Plant 18
5.2.4 Supercritical and Ultra-supercritical Generation 19

6 Iran Power Market Scenario 20
6.1 Overview 20
6.2 Iran Power Market, Cumulative Installed Capacity by Fuel Type, MW, 2001-2020 20
6.3 Iran Power Market, Electricity Production by Fuel Type, 2001-2020 22

7 Iran Thermal Power Market: 2001-2020 25
7.1 Overview 25
7.2 Iran Thermal Power Market, Historical and Forecast Installed Capacity 25
7.3 Iran Thermal Power Market, Historical and Forecast Power Generation, 2001-2020 27

8 Thermal Power Market Iran, Market Share of Top Power Equipment Manufacturing Companies, 2009 30
8.1 Thermal Power Market, Iran, Market Share of Steam Turbine Manufacturing Companies, 2009 30
8.2 Thermal Power Market, Iran, Market Share of Gas Turbine Manufacturing Companies, 2009 31
8.3 Thermal Power Market, Iran, Market Share of Power Boiler Manufacturing Companies, 2009 32
8.4 Thermal Power Market, Iran, Market Share of Heat Recovery Steam Generators (HRSG) Manufacturing Companies, 2009 32

9 Iran Thermal Plants 34
9.1 Iran Thermal Power Market, Top 10 Thermal Plants (Active), 2009 34

10 Iran Thermal Power Market, Regulatory Scenario, Major Policies 35
10.1 Overview 35
10.2 Iran Power Market, Regulatory Framework 35
10.3 Iran Thermal Power Market, Regulatory Scenario, Major Policies 35
10.3.1 Policies for Oil and Gas 35
10.4 Iran Thermal Power Market, Regulatory Framework, New Initiatives 35
10.4.1 Promotion of Foreign Investment in the Power Market 35

11 Iran Thermal Power Market – Deals Scenario 37
11.1 Iran Thermal Power Market Deals Volume versus Value Analysis, 2004-2009 37
11.2 Iran Thermal Power Market, Deals by Type, 2009 38
11.3 Iran Thermal Power Market, Major Deals, 2004-2010 39
11.3.1 NIOC Invests US $475m For South Pars Gas Fired Power Plant, Iran 39
11.3.2 Government of Iran to Invest US $365m for Jondar Thermal Power Project in Iran 40
11.3.3 Government of India to Invest US $10,000m in Gas-Based Power Plant, Iran 41
11.3.4 Government of India to Invest US $10,000m in Gas Fired Power Plant, Iran 42
11.3.5 Sanat Energy Noor to Invest US $294m in Shahrood Combined Cycle Power Plant 43
11.3.6 Iran Power Development Invests US $186m for Kashan Combined-Cycle Gas-Fired (CCGT) Power Plant, Iran 44
11.3.7 Government of Iran Invests US $241m For Fars Combined Cycle Power Plant 45
11.3.8 Arian Mahtaab Gostar Completes Project Financing Of US $275m for Rudeshur Power Project 46

12 Company Snapshot – Tavanir 48
12.1 Key Facts 48
12.2 Tavanir, Company Overview 48
12.3 Tavanir, Business Description 48
12.4 Tavanir, Major Products and Services 49
12.5 SWOT Analysis 49
12.5.1 Overview 49
12.6 Tavanir, Strengths 50
12.6.1 Government Entity 50
12.6.2 Diverse Operation 50
12.6.3 Power Generating Assets 50
12.7 Tavanir, Weaknesses 50
12.7.1 Slow Progress 50
12.7.2 Nuclear Program Controversy 51
12.7.3 Drought Prone Area 51
12.8 Tavanir, Opportunities 51
12.8.1 Linking Electricity Network 51
12.8.2 Privatization of Power Plants 51
12.8.3 Growing Demand for Energy 52
12.9 Tavanir, Threats 52
12.9.1 Shift to Alternative Sources of Energy 52
12.9.2 High Risk Environment 52
12.9.3 Global Economic Slowdown 52
12.10 Tavanir, Locations and Subsidiaries 53
12.10.1 Head Office 53

13 Company Snapshot - Azerbaijan Regional Electricity Company 54
13.1 Key Facts 54
13.2 Azerbaijan Regional Electricity Company, Company Overview 54
13.3 Azerbaijan Regional Electricity Company, Major Products and Services 54
13.4 Azerbaijan Regional Electricity Company, Key Competitors 54
13.5 Azerbaijan Regional Electricity Company, Locations And Subsidiaries 55
13.5.1 Head Office 55

14 Company Snapshot - MAPNA Group 56
14.1 Key Facts 56
14.2 MAPNA Group, Company Overview 56
14.3 MAPNA Group, Major Products and Services 56
14.4 MAPNA Group, Key Competitors 57
14.5 MAPNA Group, Locations And Subsidiaries 57
14.5.1 Head Office 57
14.5.2 Other Locations & Subsidiaries 57

15 Company Snapshot - Pars Oil and Gas Company 59
15.1 Key Facts 59
15.2 Pars Oil and Gas Company, Company Overview 59
15.3 Pars Oil and Gas Company, Major Products and Services 59
15.4 Pars Oil and Gas Company, Key Competitors 60
15.5 Pars Oil and Gas Company, Locations And Subsidiaries 60
15.5.1 Head Office 60

16 Company Snapshot – Doosan Heavy Industries & Construction Co., Ltd. 61
16.1 Key Facts 61
16.2 Doosan Heavy Industries & Construction Co., Ltd., Company Overview 61
16.3 Doosan Heavy Industries & Construction Co., Ltd., Business Description 61
16.4 Doosan Heavy Industries & Construction Co., Ltd., Major Products and Services 62
16.5 SWOT Analysis 63
16.5.1 Overview 63
16.6 Doosan Heavy Industries & Construction Co., Ltd., Strengths 63
16.6.1 Expanding Market Share in Sector 63
16.6.2 Strong Order Backlog 63
16.6.3 Domestic Monopoly 63
16.6.4 Diversified Business 64
16.7 Doosan Heavy Industries & Construction Co., Ltd., Weaknesses 64
16.7.1 Low Return on Equity 64
16.7.2 Declining Operating Margin 64
16.7.3 Limited Liquidity Position 64
16.8 Doosan Heavy Industries & Construction Co., Ltd., Opportunities 64
16.8.1 Fast-growing Desalination Market 64
16.8.2 Power Plant Segment 65
16.8.3 Facility Expansion 65
16.9 Doosan Heavy Industries & Construction Co., Ltd., Threats 65
16.9.1 International Laws and Regulations 65
16.9.2 Negative Public Sentiment on Nuclear Power 66
16.9.3 Entry of Chinese Firms 66
16.9.4 Increasing Prices of Raw Materials 66
16.10 Doosan Heavy Industries & Construction Co., Ltd.,Competitors 66
16.11 Doosan Heavy Industries & Construction Co., Ltd., Locations and Subsidiaries 67
16.11.1 Head Office 67

17 Company Snapshot – Ansaldo Energia S.p.A. 68
17.1 Key Facts 68
17.2 Ansaldo Energia S.p.A., Company Overview 68
17.3 Ansaldo Energia S.p.A., Business Description 68
17.3.1 Overview 68
17.3.2 Production 69
17.3.3 Financials 69
17.3.4 Capital Expenditure 69
17.3.5 Market View 69
17.3.6 Key Strategies 69
17.4 Ansaldo Energia S.p.A., Major Products and Services 70
17.5 SWOT Analysis 70
17.5.1 Overview 70
17.6 Ansaldo Energia S.p.A., Strengths 71
17.6.1 Integrated Business Model 71
17.6.2 Consistent Growth in Revenue 71
17.6.3 Diversified Project Portfolio 71
17.7 Ansaldo Energia S.p.A., Weaknesses 72
17.7.1 Declining Thermo-Electric Segment Performance 72
17.7.2 Negative Working Capital 72
17.7.3 Legal Proceedings 72
17.8 Ansaldo Energia S.p.A., Opportunities 72
17.8.1 Rising Demand for Nuclear Power in China 72
17.8.2 Strategic Partnership 73
17.8.3 Product Innovation 73
17.9 Ansaldo Energia S.p.A., Threats 73
17.9.1 Energy Demand Fluctuations 73
17.9.2 Intense Competition 73
17.9.3 Stringent Regulations 74
17.10 Ansaldo Energia S.p.A., Competitors 74
17.11 Ansaldo Energia S.p.A., Locations and Subsidiaries 74
17.11.1 Head Office 74

18 Appendix 75
18.1 Abbreviations 75
18.2 GlobalData’s Methodology 76
18.3 Coverage 76
18.4 Secondary Research 76
18.5 Primary Research 77
18.6 Expert Panel Validation 77
18.7 Contact Us 77
18.8 Disclaimer 78

1.1 List of Tables

Table 1: Thermal Power Market, Global, Cumulative Installed Capacity (MW), 2001-2020 14
Table 2: Power Market, Iran, Cumulative Installed Capacity by Fuel Type (MW), 2001-2020 22
Table 3: Power Market, Iran, Power Generation by Fuel Type (GWh), 2001-2020 24
Table 4: Thermal Power Market, Iran, Cumulative Installed Capacity (MW), 2001-2020 27
Table 5: Thermal Power Market, Iran, Total Generation (GWh), 2001-2020 29
Table 6: Thermal Power Market, Iran, Top Steam Turbine Manufacturing Companies Market Share (%), 2009 31
Table 7: Thermal Power Market, Iran, Top Gas Turbine Manufacturing Companies Market Share (%), 2009 32
Table 8: Thermal Power Market, Iran, Top HRSG Manufacturing Companies Market Share (%), 2009 33
Table 9: Power Market, Iran, Top 10 Thermal Power Plants, 2009 34
Table 10: Thermal Power Market, Iran, Financing Trends, Deal Value (US $m) and Volume (Number), 2004-2009 38
Table 11: Thermal Power Market, Iran, Financing Trends, Deal Values by Deal Type (%), 2009 38
Table 12: NIOC Invests US $475m For South Pars Gas Fired Power Plant, Iran 39
Table 13: Government of Iran to Invest US $365m for Jondar Thermal Power Project in Iran 40
Table 14: Government of India to Invest US $10,000m in Gas-Based Power Plant, Iran 41
Table 15: Government of India to Invest US $10,000m in Gas Fired Power Plant, Iran 42
Table 16: Sanat Energy Noor to Invest US $294m in Shahrood Combined Cycle Power Plant 43
Table 17: Iran Power Development Invests US $186m for Kashan Combined-Cycle Gas-Fired (CCGT) Power Plant, Iran 44
Table 18: Government of Iran Invests US $241m For Fars Combined Cycle Power Plant 45
Table 19: Arian Mahtaab Gostar Completes Project Financing Of US $275m for Rudeshur Power Project 46
Table 20: Tavanir, Key Facts 48
Table 21: Tavanir, Major Products and Services 49
Table 22: Tavanir, SWOT Analysis 49
Table 23: Azerbaijan Regional Electricity Company, Key Facts 54
Table 24: Azerbaijan Regional Electricity Company, Major Products and Services 54
Table 25: MAPNA Group, Key Facts 56
Table 26: MAPNA Group, Major Products and Services 57
Table 27: MAPNA Group, Subsidiaries 58
Table 28: Pars Oil and Gas Company, Key Facts 59
Table 29: Pars Oil and Gas Company, Major Products and Services 59
Table 30: Doosan Heavy Industries & Construction Co., Ltd., Key Facts 61
Table 31: Doosan Heavy Industries & Construction Co., Ltd., Major Products and Services 62
Table 32: Doosan Heavy Industries & Construction Co., Ltd., SWOT Analysis 63

1.2 List of Figures

Figure 1: Thermal Power Market, Global, Total Generation (GWh), 2001-2020 11
Figure 2: Thermal Power Market, Global, Cumulative Installed Capacity (MW), 2001-2020 13
Figure 3: Global Power Market, Installed Capacity - Split by Technologies (MW), 2009 15
Figure 4: Working of a Thermal Power Plant 17
Figure 5: Power Market, Iran, Cumulative Installed Capacity by Fuel Type (MW), 2001-2020 21
Figure 6: Power Market, Iran, Power Generation by Fuel Type (GWh), 2001-2020 23
Figure 7: Thermal Power Market, Iran, Cumulative Installed Capacity (MW), 2001-2020 26
Figure 8: Thermal Power Market, Iran, Total Generation (GWh), 2001-2020 28
Figure 9: Thermal Power Market, Iran, Top Steam Turbine Manufacturing Companies Market Share (%), 2009 30
Figure 10: Thermal Power Market, Iran, Top Gas Turbines Manufacturing Companies Market Share (%), 2009 31
Figure 11: Thermal Power Market, Iran, Top HRSG Manufacturing Companies Market Share (%), 2009 33
Figure 12: Thermal Power Market, Iran, Financing Trends, Deal Value (US $m) and Volume (Number), 2004-2009 37