MAPNA
Encyclopedia
MAPNA Group is a group of Iranian companies involved in construction and installation of energy production machinery, including boilers, gas and steam turbines, electrical generators, as well as industrial scale petroleum processing installations, railway locomotives and wind power. The company Iran Power Plant Projects Management Company (MAPNA) was founded in 1993 with the aim of developing indigenous knowledge production capacity for petroleum facilities, power plants and other industrial facilities, and as a contract management company.
In 2005 the company was in the top dozen companies on the Tehran Stock Exchange
, with a value of over $1billion. By 2008 Mapna Group had built or was constructing over 60 projects of total value €17 billion, including power generation schemes with an installed capacity of more than 45GW representing 86% of Iran's internal electrical energy supply.
The company was the forth largest on the Tehran Stock Exchange by June 2010, with a market capitalisation of $2.6billion. In October 2010 Mapna was given a contract for the supply of 1000MW of wind power capacity, as part of a government project to install 2.1GW of renewable energy capacity.
Engineering and Manufacturing (EMAN)
The MAPNA Turbine Engineering & Manufacturing Co. (TUGA) is manufacturer of gas and steam turbines for industrial and power generation applications, including V94.2 types, under license from and with technology transfer agreements from Siemens
and Ansaldo
. MAPNA Turbine Blade Engineering & Manufacturing Co. (PARTO) manufacturers turbine blades including those for V94.2 and GE-F9 turbines.
MAPNA Generator Engineering & Manufacturing Co. (Pars), MAPNA Boiler Engineering & Manufacturing Co., and MAPNA Electric & Control Engineering & Manufacturing Co. are involved in the manufacture and design of generators, boilers, and control equipment respectively for power plants.
Also in the division are SEPAHAN Equipment Manufacturing Co. and MAPNA Equipment Engineering & Manufacturing Co..
Engineering and Construction Division
MAPNA Power Plant Construction and Development Co., MAPNA Combined Cycle Power Plant Construction and Development Co., and MAPNA Special Projects Construction and Development Co. are involved in the construction of gas turbine power plants, combined cycle power plants (ie gas turbine plus HRSG
), and power plant for petroluem industries respectively.
MAPNA Engineering Co. (MONENCO Iran) is a design and consultancy company for power and other utility projects. The company was created as a joint venture between the Montreal Engineering Company
and the Iranian state; the governments share was acquired by MAPNA in 1997, whilst Montral Engineering's share passed to AGRA
and then AMEC
with that company's acquisition history.
MAPNA Power Plant Erection Co. (NASBNIROO) undertakes construction of electrical transmission infrastructure, fuel storage tanks and other construction work.
Investment Projects
The investment project division finances Build Operate Transfer, Build Operate Own, 'Buy Back' and other investment schemes in the groups general area of business.
Oil and Gas
The oil and gas division was created to extend the group's activities into petroleum plant construction, related engineering and consultancy and manufacturing. The subsidiary Neyrperse Co. petroleum industry plant infrastructure (storage tanks, piping) as well as other civil engineering construction including bridges, dams, and road construction. Two other subsidiares MAPNA Oil & Gas Development Co. (projects) and MEED Co. (Middle East Energy Development Co.) (oil well drilling) are associated.
Operation and Customer Services Division
The customer services division provides technical consulting services, sales and procurement of parts, documentation, financial and liasing services relating to the company's business.
Rail Transportation Division
The company MAPNA Locomotive Engineering & Manufacturing Co. was created in 2006 to manufacturer passenger locomotives procured under a technology licensing agreement with Siemens
.
History
Historically large scale industrial installation in Iran had been supplied by foreign companies on a turn-key basis; the 'Iran Power Plants Management Company (MAPNA) was created in February 1993 by Tavanir, IDRO and the Saba Investment Company to manage power plant, petroleum plant and railway projects. The group of companies was instrumental in developing Iranian manufacturing capacity of main and auxilliary equipment for power plants, and of plant construction. The company entered into licensing and technology transfer agreements for gas and steam turbines including turbine blades and control systems, Heat recovery steam generators, compressors and electrical generators as well as railway locomotives.In 2005 the company was in the top dozen companies on the Tehran Stock Exchange
Tehran Stock Exchange
The Tehran Stock Exchange is Iran's largest stock exchange, which first opened in 1967. The TSE is based in Tehran. As of July 2010, 337 companies with a market capitalization of US$72 billion were listed on TSE...
, with a value of over $1billion. By 2008 Mapna Group had built or was constructing over 60 projects of total value €17 billion, including power generation schemes with an installed capacity of more than 45GW representing 86% of Iran's internal electrical energy supply.
The company was the forth largest on the Tehran Stock Exchange by June 2010, with a market capitalisation of $2.6billion. In October 2010 Mapna was given a contract for the supply of 1000MW of wind power capacity, as part of a government project to install 2.1GW of renewable energy capacity.
Company structure
(As of 2011) Mapna is a conglomeration of the parent company with 33 subsidiaries engaged in power, oil and gas, railroad and other industrial projects as well as manufacturing related equipment. There are six main group sectors.Engineering and Manufacturing (EMAN)
The MAPNA Turbine Engineering & Manufacturing Co. (TUGA) is manufacturer of gas and steam turbines for industrial and power generation applications, including V94.2 types, under license from and with technology transfer agreements from Siemens
Siemens
Siemens may refer toSiemens, a German family name carried by generations of telecommunications industrialists, including:* Werner von Siemens , inventor, founder of Siemens AG...
and Ansaldo
Gio. Ansaldo & C.
Ansaldo was one of Italy's oldest and most important engineering companies, existing for 140 years from 1853 to 1993.-From foundation to World War I:...
. MAPNA Turbine Blade Engineering & Manufacturing Co. (PARTO) manufacturers turbine blades including those for V94.2 and GE-F9 turbines.
MAPNA Generator Engineering & Manufacturing Co. (Pars), MAPNA Boiler Engineering & Manufacturing Co., and MAPNA Electric & Control Engineering & Manufacturing Co. are involved in the manufacture and design of generators, boilers, and control equipment respectively for power plants.
Also in the division are SEPAHAN Equipment Manufacturing Co. and MAPNA Equipment Engineering & Manufacturing Co..
Engineering and Construction Division
MAPNA Power Plant Construction and Development Co., MAPNA Combined Cycle Power Plant Construction and Development Co., and MAPNA Special Projects Construction and Development Co. are involved in the construction of gas turbine power plants, combined cycle power plants (ie gas turbine plus HRSG
HRSG
A heat recovery steam generator or HRSG is an energy recovery heat exchanger that recovers heat from a hot gas stream. It produces steam that can be used in a process or used to drive a steam turbine.-General usage:...
), and power plant for petroluem industries respectively.
MAPNA Engineering Co. (MONENCO Iran) is a design and consultancy company for power and other utility projects. The company was created as a joint venture between the Montreal Engineering Company
Montreal Engineering Company
Montreal Engineering Company, later Monenco was a Canadian engineering services company operating in the energy and infrastructure utilities area....
and the Iranian state; the governments share was acquired by MAPNA in 1997, whilst Montral Engineering's share passed to AGRA
Agra
Agra a.k.a. Akbarabad is a city on the banks of the river Yamuna in the northern state of Uttar Pradesh, India, west of state capital, Lucknow and south from national capital New Delhi. With a population of 1,686,976 , it is one of the most populous cities in Uttar Pradesh and the 19th most...
and then AMEC
AMEC
AMEC plc is a global consultancy, engineering and project management company headquartered in London, United Kingdom. It is focused on the oil and gas, minerals and metals, renewable energy, environment and infrastructure sectors and has offices in 40 countries worldwide...
with that company's acquisition history.
MAPNA Power Plant Erection Co. (NASBNIROO) undertakes construction of electrical transmission infrastructure, fuel storage tanks and other construction work.
Investment Projects
The investment project division finances Build Operate Transfer, Build Operate Own, 'Buy Back' and other investment schemes in the groups general area of business.
Oil and Gas
The oil and gas division was created to extend the group's activities into petroleum plant construction, related engineering and consultancy and manufacturing. The subsidiary Neyrperse Co. petroleum industry plant infrastructure (storage tanks, piping) as well as other civil engineering construction including bridges, dams, and road construction. Two other subsidiares MAPNA Oil & Gas Development Co. (projects) and MEED Co. (Middle East Energy Development Co.) (oil well drilling) are associated.
Operation and Customer Services Division
The customer services division provides technical consulting services, sales and procurement of parts, documentation, financial and liasing services relating to the company's business.
Rail Transportation Division
The company MAPNA Locomotive Engineering & Manufacturing Co. was created in 2006 to manufacturer passenger locomotives procured under a technology licensing agreement with Siemens
Siemens
Siemens may refer toSiemens, a German family name carried by generations of telecommunications industrialists, including:* Werner von Siemens , inventor, founder of Siemens AG...
.
See also
- MLC (Mapna Locomotive Engineering and Manufacturing Company)MLC (Mapna Locomotive Engineering and Manufacturing Company)Mapna Locomotive Engineering and Manufacturing Company is a manufacturing company in Iran. It was established in 2006 with the objective manufacturing 150 passenger locomotives in cooperation with Siemens AG...
- Energy in IranEnergy in IranEnergy resources in Iran consist of the third largest oil reserves and the second largest natural gas reserves in the world. Iran is in a constant battle to use its energy resources more effectively in the face of subsidization and the need for technological advances in energy exploration and...