About MAPNA Group
Get to Know MAPNA
At MAPNA Group, we are a leading and diversified industrial group consisting of our parent company and 70 specialized subsidiaries.
At MAPNA Group, we are a diversified industrial enterprise that comprises MAPNA Group Company, serving as our parent company, along with over 70 specialized subsidiaries and affiliates. Our broad portfolio of businesses encompasses various sectors, spanning from engineering, construction, and development of thermal power plants, renewables, combined heat and power (CHP) facilities, and combined power generation and water desalination plants. Furthermore, we specialize in executing and developing offshore and onshore oil and gas projects, rail transportation projects, electrification, medical imaging services, operation, repair, and maintenance services. Moreover, we have extensive experience in financing industrial projects within various investment frameworks. At MAPNA Group, we are committed to providing quality products and services while ensuring sustainability and innovation in all our endeavors.
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Establishment of Mapna Group
MAPNA Group was established in August 1993, under the name “Iran Power Plant Projects Management Company.” Over the years, the company has made significant progress by expanding its business horizons beyond the management of power plant projects. In October 2013, it officially changed its name to MAPNA Group to reflect this development.
Initially, the group began its activities as a general contractor for power plant projects, working under turnkey schemes. Its primary focus was on the procurement of original equipment via international companies and execution of construction operations. Gradually, the company evolved from being a sole contractor in the 1990s to a licensed producer in the 2000s. And in the 2010s, it emerged as a technology owner and a leading name in the global gas turbine market. The company manufactures state-of-the-art turbines, in line with plans to make the power industry more efficient.
In the mid-2000s, MAPNA Group joined two strategic sectors: oil & gas and rail transportation. It relied on massive capabilities and managerial experience of the past decade to diversify its offerings. The group’s presence as a contractor in oil and gas projects, as well as the construction of advanced passenger locomotives in collaboration with recognized international brands, were among the most important measures taken by the group in these two areas. Today, MAPNA Group continues to innovate and expand, cementing its position as a leader in the industry.
MAPNA, a leading conglomerate in the energy and rail industries, has always been at the forefront of innovation and development. In the late 2000s, the company established its Research and Development (R&D) department to drive its technological advancements and maintain a competitive edge in the fast-paced market.
The company’s R&D team has been instrumental in delivering cutting-edge technology that forms the basis for MAPNA’s new products, services, and business models. The MGT-70 (3) gas turbine, which was developed in-house, is an excellent example of this innovative approach to R&D and modern technology.
With a focus on growth and expansion, MAPNA has made significant investments in the oil & gas and rail industries in recent years. In 2018, the company became one of the first Iranian contractors to qualify for oil exploration and development. It secured an agreement with the Oil Ministry to develop and operate Danan, Parsi, and Paranj oilfields in Iran’s Khuzestan Province.
In the rail transportation market, MAPNA has emerged as a key player. The company is now planning to expand its presence beyond the domestic market and venture into regional markets. This move is indicative of the high demand growth rate in Iran and underscores MAPNA’s commitment to driving industrial development in the country.
MAPNA’s long-term strategy is to broaden its product portfolio and supply chain across several fields, including health, information technology, water, electrification, petrochemicals, and oil & gas sectors. The company aims to contribute significantly to Iran’s industrial development and expand its brand globally, with a specific focus on the Middle East, West Asia, and North Africa. To achieve this vision, MAPNA intends to collaborate with both foreign and domestic knowledge-based firms.
A pioneer in technology
MAPNA Group, a renowned organization in the industry, boasts an impressive portfolio of advanced industrial machinery such as gas and steam turbines, wind turbines, conventional boilers and heat recovery steam generators, thermal and hydro-generators, turbo compressors, control and safety systems, and passenger and freight locomotives. Our commitment to excellence is evident through the utilization of indigenous knowhow and cutting-edge technology in manufacturing these products.
With a 50% share in the development of Iran’s power capacity, we are proud to be major players in Iran’s oil & gas and rail industries. By offering high-quality products at competitive prices, MAPNA has established a strong presence in international markets.
MAPNA’s journey began in August 1993 under the title “Iran Power Plant Projects Management Company”, initially serving as a general contractor for power plant projects under turnkey schemes. Over time, MAPNA evolved from a sole contractor in the 1990s and licensed producer in the 2000s to a technology owner in the 2010s. Today, we are recognized as a leading name in the global gas turbine market.
Problem solving company
At MAPNA Group, we take pride in our long-standing commitment to serving the basic needs of Iranian industries. Our core mission has always been to act as a “problem-solving enterprise” and provide strategic solutions to infrastructural challenges. In order to achieve this goal, we leverage the expertise of industrial and managerial elites while continuously developing innovative scientific and technological methods.
As part of our efforts to promote sustainable development, we have made significant investments in developing intelligent infrastructure and electrifying transportation systems. Through these initiatives, we aim to deliver tangible benefits to the communities we serve.
To stay ahead of rapidly evolving global industrial trends, MAPNA places a strong emphasis on technology transfer and partnerships with multinational companies. Our focus on the localization of industrial products allows us to play a key role in transitioning Iran into a country with advanced infrastructure. We are proud to remain at the forefront of innovation and to contribute to the growth of our nation’s economy.
The primary goal
In the mid-2000s, MAPNA Group strategically diversified its operations to include the oil & gas and rail transportation sectors. Leveraging on over a decade of extensive capabilities and managerial experience, the Group embarked on advanced passenger locomotive construction in partnership with esteemed global brands, and cemented its position as an accomplished contractor in major oil and gas projects.
As the market landscape became more dynamic and competitive, MAPNA recognized the need for technological innovation and established its Research and Development (R&D) department in the late 2000s. The R&D department was designed to be a catalytic force for innovation, generating critical technology that would fuel the development of new products, services, and business models.
MAPNA’s pioneering MGT-70 (3) gas turbine, which was born out of the R&D efforts, has been widely acknowledged for its exceptional quality. It is comparable to international models, and has marked a significant milestone in independent design and manufacture of gas turbines. This groundbreaking achievement has positioned MAPNA to play a pivotal role in the evolution of Iran’s power plant sector.
Entering new areas
In October 2013, the company took a significant step forward by changing its name to MAPNA Group. The move was aimed at reflecting the conglomerate’s burgeoning business horizons beyond power plant projects in the electrical industry.
During the 2010s, MAPNA Group experienced remarkable growth in the oil & gas and rail industries. In 2018, the conglomerate achieved a major milestone by securing an agreement with the Oil Ministry to develop and operate Danan, Parsi, and Paranj oilfields in Iran’s Khuzestan Province. This accomplishment made MAPNA the first Iranian contractor to qualify for oil exploration and development.
MAPNA’s entry into the rail transportation market has also been noteworthy. The conglomerate quickly emerged as a key player in the industry and is now focused on expanding its footprint to regional markets. The significant investments made in this sector are testament to the high rate of demand growth in Iran.
MAPNA’s long-term strategy is centered on diversifying its product portfolio and promoting its supply chain across a wide range of sectors, including health, information technology, water, electrification, petrochemicals, and oil & gas. These initiatives are aligned with the conglomerate’s goal of contributing to Iran’s industrial development. MAPNA Group also harbors ambitions of promoting its brand in international markets, such as the Middle East, West Asia, and North Africa, through collaborations with foreign and domestic knowledge-based firms.
HONORS AND AWARDS
A leading Iranian conglomerate, MAPNA Group has achieved numerous milestones during its nearly three decades of operation. Notable successes include:
- Top Iranian contractor acknowledged by the Industrial Management Institute of Iran;
- First place among industrial equipment manufacturing companies (awarded to MAPNA Turbine Engineering and Manufacturing Company);
- First place in Iran’s 2010 National Award for Knowledge Management;
- Top National Award for HR Excellence 2010;
- Among the top 100 companies in the Middle East in 2020 according to MEED;
- Among the top 50 active companies in Tehran Stock Exchange;
- Among the top 10 quality companies according to an assessment by the GIC International Institute;
- Two awards for the EFQM Excellence Model and National Productivity, by MAPNA Group, as the parent company, and MAPNA Turbine Engineering and Manufacturing Company;
- Five awards for the EFQM Excellence Model and National Productivity, by MAPNA Group subsidiaries;
- Holder of national record for complete overhaul of South Isfahan power plant gas unit within 36 days;
- Top brand in the 1st edition of National Assessment of Iranian Brands;
- Among the top 10 power plant manufacturers in the world based on Gas Turbine World’s 2015 evaluation;
- More than 60,000 MWs of power either synchronized, under construction or under negotiation;
- Holding 46.8% share in the synchronized power projects in Iran;
- MAPNA’s synchronized power projects in comparison with the country’s total nominal power capacity: 60%
- Construction of Raysut and Qarn Alam power stations in Oman, Al-Sadr and Haydariyah power stations in Iraq, Tishreen and Jandar power stations in Syria, and the complete overhaul of Belawan power station in Indonesia;
- Participation in international tenders in Syria, Iraq, Lebanon, Algeria, Malaysia, Oman, and Pakistan;
- Signing more than 20 contracts for transferring the technology of design, engineering and manufacturing equipment and project management with prominent international companies such as Siemens, KROHNE and Fuhrländer (Germany); ABB (Switzerland), Doosan (South Korea), Macchi (Italy), Doncasters (England), Elbar (Netherlands), Zorya and Sumy Frunze (Ukraine), Jeumont and Fuller (France), Power Turbine (Russia), SEC (China) in power, oil and gas, and rail transport industries;
- Certificate of appreciation and commitment to the EFQM Excellence Model (awarded to five subsidiaries of MAPNA Group);
- Second rank for MAPNA Boiler and Equipment Engineering and Manufacturing Company in McCoy Power Reports 2017 Preliminary League Table of Manufacturers;
- Fifth rank for MAPNA Boiler and Equipment Engineering and Manufacturing Company in McCoy Power Reports Q1 2019 Official League Tables of Technology Owners
FIELDS OF ACTIVITY
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