Merits of Nir PV Plant

Advantages Of Nir PV Plant

Nir PV plant has numerous merits. However, some plus points of the project are mentioned as the follows:

  1. Nir PV plant enjoys a long term Land Lease Agreement which lasts for 15 years. Such an Agreement is truly intriguing for investors and financiers since it is an outstanding guaranty for those to invest in PV industry in Iran.

  2. Based on Tax Laws in Iran, Nir PV plant is located in a deprived area, so it enjoys a ten-year-period of tax exemption.

These two features make Nir PV plant more interesting for investment.