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Single ticket in Tehran subway costs only 0.06 USD
Industries

Why Tehran subway can be universally unique?

September 10, 2020 Dr. Mahya Karbalaii 0

IEB: which city in the world has the cheapest subway system? A clever reader: Tehran! otherwise why should you have started an Iranian economic newsletter with this question?! IEB: Wrong! The correct answer is “Pyongyang”. […]

Energy

Mining Bitcoin using subsidized and cheap electricity

July 10, 2019 Dr. Mahya Karbalaii 0

Mining bitcoins has become very much trendy in Iran due to cheap and subsidized electricity. Over the past few weeks, news came after news about where bitcoin farms have been detected. Although there is no […]

Energy

Renewable power plants get 40% increase in feed-in-tariffs

December 13, 2018 Dr. Mahya Karbalaii 0

In order to encourage investments in renewable power plants, the government increases its buying tariffs. “We are going to increase tariffs by 30 to 40 percent during peak hours”, says Mohammad Sadeghzadeh, Head of Renewable Energy […]

Climate

Unrealistic tariffs for water and electricity: main drive for overconsumption

August 8, 2018 Dr. Mahya Karbalaii 0

The Energy Minister, Ali Ardakanian, introduces the unrealistic tariffs for water and electricity as the main drives for overconsumption. “Our models in consumptions are improper. Although the temperature for thermal comfort is defined to be […]

Energy

Power outages lead to massive losses for industries

July 19, 2018 Dr. Mahya Karbalaii 0

Although unannounced power outages cause inconveniences for households, they lead to massive losses for manufacturers and industries. Taadol newspaper highlights the losses suffered by workshops located in industrial towns. The losses are the greatest for […]

Energy

Power outages will continue in Iran

July 19, 2018 Dr. Mahya Karbalaii 0

Planned power outages will continue until the weather cools down, the Ministry of Energy announced. Each degree rise in the temperature leads to 1500 MW increase in consumption, said Deputy Minister of Energy, Homayun Haeri. […]

Energy

Managing consumption instead of building new power plants

May 23, 2018 Dr. Mahya Karbalaii 0

Tavanir Co. has announced plans by the Ministry of Energy to control energy consumption in peak hours during summer. With the weather getting hot from June to September, the consumption of electricity increases significantly and […]

Energy

Currency crisis threatens power plant projects

April 25, 2018 Dr. Mahya Karbalaii 0

Members of the Electricity Syndicate have warned the Ministry of Power that recent currency fluctuations will lead to 100 power plant projects shutting down which can lead to outages. Shargh writes, an industry which used […]

Energy

Top Iranian exporters in 2016

November 1, 2017 Dr. Mahya Karbalaii 0

The Ministry of Industries, Mining and Trades has announced this year’s top exporters, according to the previous Iranian fiscal year, i.e. March 2016 to 2017. Each company is graded based on its own industry. The […]

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Recent Posts

  • We are 5 years old!
  • 09.09.99 a very luxury birthdate
  • Tomatoes: the most political vegetables
  • 30% of Iranian Top Exporters Are Homeless, claims the Central Bank
  • IMF economic forecasts for 2021 sound surreal!

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