The power and utilities section of the company started work concurrently with the establishment of PEDC in 2008. In light of government plans and policies on bolstering the private sector and reducing state control, it co-purchased Khoy and Urmia combined cycle power plants, and fully acquired Shariati power plant via subsidiaries and affiliated companies to win a significant share in electricity generation and supply in the country. Currently, thermal power plants with a rated capacity of 2000 MW are operational while power stations with a rated capacity of 1700 MW are either planned to be developed or under construction
Another field of activity pertains to renewables and utilities which include water and steam
supply for petrochemical plants and refineries, power generation from renewable energies like wind, solar and hydro power plants. Projects are under construction for water and steam supply to the refinery and construction of 62MW wind, solar and hydro power plants.
Investment in and operating water and gas pipelines constitutes another field of activity in this section. Currently, a BOT-based gas pipeline to carry gas from Iran to Iraq is under construction.
Within the framework of PEDC policies, this section addresses environmental concerns and takes into consideration the expectations and demands of customers and other beneficiaries.
Power Generation, Utilities and Renewable Energy in which the fundamental of PEDC activities is approaching sustainable development with an emphasis on the environment.