Modern Energy Development Management of Maham Sharq (METANCO)
Overview & History
Established in 2006, METANCO (formerly Rahpouyan Energy Sharq) originally focused on high-voltage transmission lines and maintenance. In 2014, the company pivoted toward power plant projects to align with the Maham Sharq Group’s energy generation strategy. In January 2024, the company underwent a major restructuring and rebranding, transitioning to METANCO. Its current mandate is the management of large-scale Oil, Gas, Petrochemical, and Renewable Energy projects.
Specialized Services & Capabilities (Design & Construction)
Oil & Gas Infrastructure: EPC services for utility units, electrification of refineries, petrochemical complexes, and oil & gas fields.
Power Generation: Design and execution of renewable energy plants (solar), gas-fired, and hydroelectric power plants.
Process Engineering: Design and implementation of industrial process units.
Key Projects (Representative)
Transmission: Construction of 230kV transmission lines.
Switchgear: Design, procurement, installation, and commissioning of 15 GIS (Gas-Insulated Switchgear) bays.
Renewables: Engineering, civil works, installation, and commissioning of a 10MW solar power plant.
Substations: Engineering, procurement, civil works, testing, and commissioning for the expansion of 400/132/20kV substations.
Certifications & Memberships
Industry Memberships: Iran Power Industry Syndicate; Association of Oil, Gas, and Petrochemical Engineering & Contracting Companies.
Management Standards:
- Quality & Project: ISO 9001:2015, ISO 21502:2020 (Project Management).
- HSE: ISO 45001:2018 (Occupational Health & Safety), ISO 14001:2015 (Environmental Management), OHSAS.
- Industry-Specific: ISO 29001:2020 (Oil, Petrochemical, and Natural Gas industries).
Business: Valid Commercial Trading License & Contractor Qualification.
Corporate Objectives & Vision
Vision 2029: To be ranked among the top 10 contractors in Iran’s oil, gas, petrochemical, and renewable energy sectors.
Mission: To function as a project-driven, knowledge-based entity that delivers innovative, high-standard engineering solutions (EPC) while ensuring sustainable value creation for stakeholders, shareholders, and partners.
Competitive Advantages
- Operational Excellence: Proven ability to balance technical precision with rapid execution speeds while maintaining strict adherence to project timelines.
- Synergy: Leveraging the robust structural support and technical network of the Maham Sharq Group.
- Standardization: Commitment to professional project management frameworks (ISO 21502) and continuous workforce training to ensure delivery quality, safety, and operational reliability.
- Adaptability: A forward-looking approach that aligns with evolving global standards in the energy and petrochemical sectors.
