Saba Power and Energy Group

Saba Power and Energy Group belongs to the Islamic Revolution Mostazafan Foundation (IRMF) and was established in 2004 with the aim of producing, supplying, and trading electricity. As the first private company in the history of Iran’s electricity industry, it moved toward privatization of the governmental power plants. Having 10 subsidiary companies, Saba Group conducts its activities in three main fields as follows:1. Investment in construction and purchase of power plants: Saba Group owns all or part of 5 power plants including Zargan, Khoramshahr, Aliabad Golestan, Ghom, and Chabahar with a capacity of 3500 MW.2. Operation and Maintenance of power plants: As a company capable of performing the operation and maintenance services for new power plants and by enforcing audited standards, Saba Group is responsible for the operation and maintenance of 6 power plants with a capacity of 4,100 MW in Iran. Saba Group has successfully performed more than 13 overhauls in different power plants and it plans for carrying out major overhauls of 13 other units in the current year.3. Sales and Marketing: Saba Group is responsible for selling the electricity produced by the power plants it owns in the electricity wholesale market, stock exchange, or in form of bilateral contracts. At present, the process of pricing and selling the electricity produced by Khorramshahr Power Plant has been carried out in this group, and the sale of the power produced in Chabahar Power Plant will also be carried out in the near future.