PEDC AT A GLANCE

The Pasargad Energy Development Company (PEDC) is an independent and privately owned energy company located in Tehran, Iran. As a leading integrated energy company, PEDC has activities across the entire value chain of oil and gas, power and utility, infrastructure, commercial and trading, and high-tech venture capitalists. In addition to providing competitive solutions in the energy field, PEDC also manages its asset portfolio effectively and strategically and plays a pivotal role in the development of a sustainable national economy while providing value creation to stakeholders. One of the distinctive and unique features of PEDC is the effective and continuous activity in the entire energy value chain, which is expanded into six business areas: 
  • Upstream Oil and Gas
  • Downstream Oil and Gas
  • Power and Utilities
  • Infrastructure
  • trading and commercial
  • Renewables

PEDC, by gaining valuable national experience and relying on the support and trust of its shareholders, intends to go beyond domestic borders and towards international markets through its operational and organizational excellence, diversify its products and services, and market development.



When it comes to the downstream sector, we are a leading Iranian company in the development of technology and technical knowledge of petrochemical units and refineries to complete value chains and this is achieved through investment in various areas of the product chain, from natural gas to Polyolefins.

Based on the evaluation conducted by the National Iranian Oil Company PEDC has been ranked first place among Iranian Exploration and Production (E&P) companies and has the capacity to refer work up to 12 billion USD. Also, in the downstream sector of the oil industry, with diverse investments in the product chain from natural gas to polyolefins, PEDC is the only Iranian company that is the representative of a Methanol to Olefin (MTO) licensor in Iran.

In the field of Power and Utility and Renewable Energy, PEDC as the largest private company with the production of 3000 MW of electricity from its 6 thermal and renewable power plants contributes to 4% of country’s total production.

Our Business

downstream Oil and Gas
  • Petrochemical Plants
  • Refinery Plants
  • Oil and Gas Pipelines
Power and Utility
  • Conventional Thermal Power Plants
  • Pipelines and Boosting Stations for Energy Carriers
  • Operation & Maintenance (O&M)
Commercial
  • Refinery Petrochemical Products Marketing
  • Marketing and Trading of Energy Carriers
 
Upstream Oil and Gas
  • Exploration, development, and production of oil and gas fields
  • Implementation of Integrated drilling services for oil and gas wells
  • Management and operation of drilling rigs
  • Integrated management of engineering, procurement, construction, and drilling projects
  • Development of customized software for modeling oil and gas reservoir
Renewable
  • solar power plants
Infrastructure
  • Oil Terminals and Ports
  • Construction & Installation

PEDC has invested 13 Billion USD in the energy field, and besides creating value for shareholders through the implementation of Corporate Social Responsibility (CSR) projects has played its role as a committed member of society.

Pasargad Energy, through its three specialized subsidiaries—Upstream Oil & Gas, Downstream Oil & Gas, and Power & Utility—along with 28 affiliated companies, brings together distinctive expertise and a comprehensive portfolio of integrated solutions. Leveraging these diverse capabilities, the Group has successfully delivered a wide range of strategic projects across Iran.
Our achievements extend throughout the country, from north to south and east to west, reflecting both our operational strength and our commitment to driving sustainable growth in the nation’s energy sector.

PEDC is also involved in investing, construction and operation of 24 solar power plants construct and operate 24 solar power plants with a total capacity of 1,500 MW across 12 provinces in Iran. with total investment of approximate 1 Billion USD.