Electricity & Power Generation
Lawyers in our Energy Group have significant experience in electricity matters, including with respect to generation, transmission, marketing and regulation or electricity. Among other significant mandates, Farama & Co has acted for both the Iran Ministry of Energy Authority and independent power providers.
in connection with power procurement processes and negotiations and ongoing mandates for the Independent Electricity System Operator (IESO).
The firm gained formative experience as counsel to the Market Design Committee responsible for establishing the framework for electricity market deregulation in Iran. We have an understanding of the legal and practical issues affecting electricity generation and electricity transmission in Iran and Middle East.
The Group also has extensive experience in connection with project development, construction, financing and public-private partnership arrangements in the industry. Our lawyers also frequently advise with respect to strategic acquisitions, dispositions and consolidations of assets and companies in the electrical sector.
Please Contact us: Mr. Alireza Arfaei
[email protected]
FAQ
It refers to transferring all type of funds including funds from foreign investment activities or other finds which are transferred in form of foreign currency. Such transfers are classified into two categories:
a. Transfer of capital that includes dividend or capital interest, principal capital, capital earning or reparation for expropriation or confiscation of foreign capital.
b. other foreign currency transfers including all foreign currency transfers including those resulting from patent contracts, technical know-how, technical and engineering assistance, trademarks and logos and similar contracts.
No, legally, there are no limitations for transferrable amounts or amount that can be transferred annually.
The foreign currency supplied for foreign investment foreign currency transfers is carried out through purchases from the banking system and based on instance can be supplied from foreign currency earned from exports or providing investment services. At any rate, the method of foreign currency supply for transferring foreign currency is stated in the investment permit.
Basically, any form of foreign currency transfer whether capital transfer or other forms is done by official request from a foreign investor or a joint company/capital absorbing agency on behalf of a foreign investor and all transfers to a foreign investor can be conducted after legal deductions.
In exceptional cases where export is prohibited, the investor can sell his/her/its products in the domestic market and purchase the foreign currency from the banking system and then transfer it. Obviously, if the investor can export other authorised goods if he/she/it wishes so.
Ms. Gita Nejatian
Office Tel: +98 9121023022
Email: [email protected]
Position
Associate
Bar Admissions
Tehran-Iran
Education
Tehran University, Faculty of Law
L.L.B
Professional Associations and Memberships
Member of Iranian Bar Association
Languages
Farsi, English
Mr. Alireza Arfaei
Office Tel: +98 9121023022
Email: [email protected]
Position
Associate
Bar Admissions
Tehran-Iran
Education
Tehran Azad University, Faculty of Law
L.L.B
Professional Associations and Memberships
Member of Iranian Bar Association
Languages
Farsi, English