Siemens and Rolls-Royce, energy investment in Iran – FT

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Iran is stepping up the hunt for oversees  investments for its energy infrastructure after talks with Siemens and Rolls-Royce that point to the gradual opening of the country’s economy following the lifting of intemational sanctions.

Hamid Chitrbian, Iran’s energy minister,met representatives of both companies in London last week to discuss collaboration in  power generation technology. The talks were focused on so-called decentralised power generators that can provide more localised and flexible supplies of electricity than big power stations.

No deasl were struck but Mr Chitcbian told the Finncial Times that Siemens and Rolls-Royce were interested and he hopes to  “reach a result” soon.

Iran opens talks with Siemens and Rolls-Royce on energy investment – FT

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