{"id":1068,"date":"2026-10-10T07:58:07","date_gmt":"2026-10-10T04:28:07","guid":{"rendered":"https:\/\/taachco.com\/en\/?p=1068"},"modified":"2026-10-10T07:58:07","modified_gmt":"2026-10-10T04:28:07","slug":"chadormalus-second-100-mw-solar-power-plant","status":"publish","type":"post","link":"https:\/\/taachco.com\/en\/chadormalus-second-100-mw-solar-power-plant\/","title":{"rendered":"TAACHCO CEO Announces: Construction Begins on Chadormalu\u2019s Second 100 MW Solar Power Plant in Yazd Province"},"content":{"rendered":"<h3><strong>Saeed Bastani, CEO of Chadormalu Energy Development Company (TAACHCO), announced the start of construction on Chadormalu\u2019s second 100 MW solar power plant in Ashkezar County, Yazd Province. The project, being developed in partnership with the National Development Fund of Iran and the Renewable Energy and Energy Efficiency Organization (SATBA), represents an investment of approximately USD 50 million and is expected to generate around 190 million kWh of clean electricity annually upon completion.<\/strong><\/h3>\n<p>Bastani made the announcement during the groundbreaking ceremony for Chadormalu\u2019s second 100 MW solar power plant, attended by the Governor of Yazd Province, the CEO of Chadormalu Mining and Industrial Company, and a number of national and provincial officials.<\/p>\n<p>Referring to the participation of the National Development Fund and SATBA in the project, Bastani said the plant is expected to be completed within 12 months.<\/p>\n<p>He added that, once operational, the facility will generate approximately 190 million kWh of clean electricity annually, save more than 55 million cubic meters of fossil fuels each year, and prevent the annual emission of approximately 115,000 tonnes of greenhouse gases.<\/p>\n<p>The TAACHCO CEO stated that expanding renewable energy capacity can contribute to diversifying electricity supply, strengthening energy resilience, supporting more reliable industrial production, and reducing dependence on fossil fuels.<\/p>\n<p>He emphasized that TAACHCO is pursuing the development of renewable power plants as part of its broader mission to develop and manage energy infrastructure for industry, adding that the new project represents another step toward improving energy supply reliability and increasing the share of clean electricity in the generation portfolio.<\/p>\n<p><strong>Also speaking at the ceremony, Mohammad Reza Babaei, Governor of Yazd Province, referred to the province\u2019s target of developing 3,000 MW of solar power capacity and said that the expansion of renewable energy is among Yazd Province\u2019s key priorities. He noted that Chadormalu is playing an active role in increasing the province\u2019s clean power generation capacity through the development of solar projects.<\/strong><\/p>\n<p>Babaei added that approximately 1,000 MW of solar power capacity is expected to be connected to the grid in Yazd Province by the end of the current Iranian year, with new projects helping accelerate progress toward the province\u2019s renewable energy targets.<\/p>\n<p><strong>Farid Dehghani, CEO of Chadormalu Mining and Industrial Company, said the new 100 MW solar power plant, once commissioned, will be capable of supplying electricity equivalent to the consumption of nearly 50,000 households and will rank among the major solar power projects currently under development in Yazd Province.<\/strong><\/p>\n<p>Dehghani also highlighted the project\u2019s financing structure, noting that it is being implemented under an\u00a0 EPCF model with an 80\/20 financing structure, whereby the contractor is responsible not only for engineering, procurement and construction, but also for financing a substantial portion of the project.<\/p>\n<p>He said this financing model has helped address one of the major challenges facing large-scale infrastructure projects and is expected to support the timely implementation of the development.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Saeed Bastani, CEO of Chadormalu Energy Development Company (TAACHCO), announced the start of construction on Chadormalu\u2019s second 100 MW solar power plant in Ashkezar County, Yazd Province. The project, being developed in partnership with the National Development Fund of Iran and the Renewable Energy and Energy Efficiency Organization (SATBA), represents an investment of approximately USD [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":1069,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-1068","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-events"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.3 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Construction Begins on Chadormalu\u2019s Second 100 MW Solar Power Plant in Yazd Province<\/title>\n<meta name=\"description\" content=\"Saeed Bastani, CEO of Chadormalu Energy Development Company (TAACHCO), announced the start of construction on Chadormalu\u2019s second 100 MW solar power plant in Ashkezar 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