Pasargad Energy Development Company (PEDC) Information

Pasargad Energy (PEDC) is an independent and privately owned energy company located in Tehran, Iran. A leading integrated energy company, PEDC has activities across the entire value chain of oil and gas, power and utility, infrastructure, commercial and trading, and high-tech venture capitalists. One of the distinctive and unique features of PEDC is the effective and continuous activity in the entire energy value chain, which is expanded into six sectors: 1) Upstream Oil and Gas 2) Downstream Oil and Gas 3) Power and Utility 4) Renewable Energy 5) Infrastructure 6) Trading and Commercial Based on the evaluation conducted by the National Iranian Oil Company PEDC has been ranked first place among Iranian exploration and production companies and has the capacity to refer work up to 12 billion dollars. Also, in the downstream sector of the oil industry, with diverse investments in the product chain from natural gas to polyolefins, PEDC is the only Iranian company that has an MTO license representative in Iran. In the field of Power and utility and renewable energy, PEDC as the largest private company with the production of 3000 MW of electricity from its 6 thermal and renewable power plants, this company has 4% of the country’s power market. PEDC has won a tender to construct and operate 24 solar power plants with a total capacity of 1,500 MW across 12 provinces in Iran. It is estimated that the construction of these power plants will cost 650,000 euros per MW, and the entire project is close to one billion dollars. PEDC has invested more than 11.80 billion dollars in the energy field, and besides creating value for shareholders through the implementation of Corporate Social Responsibility (CSR) projects has played its role as a committed member of society. PEDC, by gaining valuable national experience and relying on the support and trust of its shareholders, intends to go beyond domestic borders and towards international markets.