Saba Group was founded in 1383, with the aim of electricity production, supply and trade. At present, this group, with 100 percent of its shares belonging to Mostazafan Foundation of the Islamic Revolution, consists of a set of eleven companies acting in the country's electric power industry. It possesses five large power plants of the country and works as one of the few private companies producing electricity in the country. In line with article 44 of the constitution and regarding transference of power stations to private sector, Saba Group purchased Shahid Medhaj Power Plant (Zargan, Ahvaz) from the government, as its first practical measure. Regarding lack of adequate experience and appropriate mechanism, this transference was very important, as it was the first one in its kind in the history of the country's electricity industry. Therefore, Saba Group can be considered as a pioneer in this field.
Saba Power and Energy Industry Holding Company is a reliable and dynamic group, and among three major enterprises producing sustainable electricity in the region. At present, with possessing Zargan-e Ahvaz, Khorramshahr, Aliabad-e Katul, Qom and Chabahar power plants, Saba Group produces nearly 3,200 megawatts of electricity, and supplies energy to the country's national grid. Some of the key specifications of Saba Group are experienced key staff of the group in the field of electric power industry, especially, in power plants sector, and its focus on the construction, operation and sales, with the best conditions in terms of efficiency. Furthermore, the combination of experience and youth, belief in teamwork, well-specified and systematic organizational structure, and attachment to projects are basic points to mention for the set of companies affiliated to Saba Group. The group is planning to attain 20% of the country's electricity production market share through its targeted goals and attracting domestic and foreign investment in the near future. Saba Group's mission is to generate and supply electricity by investing on the purchase, construction and operation of power plants.
• Macro-Objectives of Saba Group
Increasing its electricity generation market share
Electricity supply to major consumers
Inhancing the efficiency of power plants
• The Strategies of Saba Group
Market penetration through bilateral contracts with the main consumers
Using renewable energy sources in power generation
Applying optimal technology to increase the efficiency of power plants
Developing gas power plants into combined cycle plants
Foreign participation enhancement
• Power Plant Operation
Given the vastness and importance of the operation of power plants subsidiary to Saba Holding Company, it's been defined as a range of activities in Saba. The range of operating activities includes performing all the necessary processes and proceedings for the operation, repair and maintenance of plant's equipment and machinery in order to generate the product (electric energy). In fact, this range of activities is one of the ways of revenue earning for the enterprise, and it can cover other clients (i.e. power plants) inside or outside of the country, in addition to the plants within the Group.
• Investment in the Construction and Purchase of Power Plants
Because of the importance and wide range of activities done by Saba Group, and its knowledge of specialized processes involved in investment on electricity industry, the group has defined all the activities of this field as a series of independent activities for itself. The series of activities in plant construction and purchase refers to a set of activities concerning economic, technical and strategic studies, and considering practices and methods of internal/external investment in the projects of plant construction and purchase which goes in line with investment and management decisions in this field. Some common practices in this field of activity are: acceptable profitability of the project, being assured of government support, taking all the economic and financial risks and hazards of investment into consideration, identifying and selecting reputable contractors, project management, attracting financial resources and financing.