Ghods Niroo Engineering Company

What Ghods Niroo Engineering Company does

Ghods Niroo Engineering Company (شرکت مهندسی قدس نیرو) is a Tehran-based private engineering consulting and EPC firm founded in 1973, originally established as Montreal Engineering Company (Monenco) as a Canadian-Iranian joint venture and operated under Iranian management since 1980 following the Iranian Revolution. The firm provides engineering, design, supervision, project management, and EPC services across five core verticals: thermal and combined cycle power generation, high-voltage transmission and substations, oil/gas and petrochemical pipelines, water and wastewater infrastructure, and renewable energy. Its underlying capability is built around multi-disciplinary engineering teams, ISO-certified processes, and an internal Simorgh digital library system, with no proprietary AI or software productization.

The firm's revenue model is professional services and EPC contracting, with prices determined through competitive public tenders and direct contract negotiations; it does not publish standardized pricing. Its go-to-market is enterprise field sales, primarily into Iranian government ministries, regional electricity companies, and state-owned industrial clients, with a secondary international mandate in East Africa, Central Asia, South Asia, and the broader Middle East. Its service portfolio spans the full project lifecycle from feasibility and economic studies through design review, procurement management, construction supervision, and commissioning, exemplified by mandates such as the 5,000 MW Class F combined cycle program, 56-inch national gas pipelines IGAT-5 and IGAT-9, 400 kV transmission lines, hydropower dams including Rogun in Tajikistan and Kidunda in Tanzania, and megawatt-scale solar and wind installations.

The firm employs 501-1,000 staff and operates primarily from Tehran, with field deployment to project sites across Iran and select international locations. It maintains partnerships with Mapna Group, Iran Water and Power Resources Development Company, Iranian Gas Engineering and Development Company, the National Iranian Gas Company, and Jihad-e-Nasr Construction Institute. Its competitive position rests on regulatory incumbency with Iranian public-sector clients, a 53-year track record inherited from the Monenco heritage, and recognized institutional memberships (Iranian Electricity Industry Syndicate, Iran Association of Electrical Engineers, SATBA registration for megawatt-scale PV consulting). The firm is privately held with no disclosed funding rounds, parent company, or M&A activity.

Name

Ghods Niroo Engineering Company

Legal name

Ghods Niroo Engineering Company (شركت مهندسی قدس نیرو)

Website

https://ghods-niroo.com

Company type

Private

Founded year

1973

Operating status

Operating

Headcount range

501–1,000 employees

Short description

Ghods Niroo Engineering Company is a Tehran-based private engineering consulting and EPC firm serving Iranian government ministries, state-owned utilities, and select international clients. It delivers design, supervision, and project management across power generation, transmission, oil and gas pipelines, water, and renewable energy infrastructure.

Ownership category

akta.pro rank

Product category

Engineering Consulting Services

NAICS

Electric Power Generation, Transmission and Distribution (2211), Fossil Fuel Electric Power Generation (221112), Electric Bulk Power Transmission and Control (221121), Hydroelectric Power Generation (221111), Wind Electric Power Generation (221115), Solar Electric Power Generation (221114)

SIC

Electric Services (4911), Oil & Gas Field Services, Nec (1389), Water Supply (4941)

akta.pro primary industry

Energy Systems & Power Engineering Consulting (BPAHAIAG)

akta.pro secondary industries

Asset Management & Owner’s Engineering (Lifecycle Strategy, Budgeting, Technical Due Diligence) (EUAMAGAJ), Hydropower EPC & Construction (Civil Works, Electromechanical) (EUACAEAF), Engine Generator & Microgrid Power Plant EPC (Diesel/Gas Recip) (EUAEAAAJ), Wind Power Plant EPC (Onshore/Offshore) (EUAEAAAF), Electrical Balance-of-Plant EPC (MV Collection, Cabling, Earthing, Lighting) (EUAEADAB)

Keywords

• Engineering consulting services
• Power plant engineering
• Transmission substation design
• Pipeline engineering services
• EPC project management

Headquarters

HQ city

Tehran

HQ country

Iran

HQ region

Middle East

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Technology or R&D, Marketing or Sales, Infrastructure

Revenue model

1. Engineering Consulting Services: Providing engineering design, review, and technical consulting for power, oil & gas, and water infrastructure projects. Revenue generated through professional service fees based on project scope and duration.
2. Construction Supervision Services: Supervision and quality control services for construction projects, charged as percentage of construction value or fixed fees per project phase.
3. Project Management Services: Comprehensive project management for infrastructure development including planning, procurement, and contractor coordination.
4. EPC Services: Design and construction services for certain projects under EPC (Engineering, Procurement, Construction) contracts.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels3 records

Core offering

Ghods Niroo Engineering Company provides engineering consulting, design, supervision, and EPC services for power generation (thermal, combined cycle), high-voltage transmission and distribution networks, oil and gas pipelines, water/wastewater infrastructure, dams, and renewable energy projects. It serves Iranian government ministries, regional electricity companies, and state-owned enterprises with comprehensive services from feasibility studies through construction supervision.

Product overview

Ghods Niroo Engineering Company is an engineering and consulting firm that provides comprehensive services across the energy and infrastructure sectors. The company operates as a multi-service organization offering eleven distinct service portfolios covering thermal power plants, power transmission substations and dispatching, transmission and distribution networks, oil/gas/petrochemical projects, water/wastewater/building/roads/railway infrastructure, renewable energy and energy efficiency, HSE management, environment services, EPC (Engineering, Procurement, and Construction) services, project management, and economic/social studies. The company was established in 1973 and maintains a digital library infrastructure through its Simorgh Library Management System and Nosa Simorgh HTTP Client for Windows. The service portfolios work together to provide integrated engineering solutions from feasibility studies through construction supervision and commissioning support for projects ranging from power plants and substations to pipelines, dams, and renewable energy facilities across Iran and international markets.

Differentiator

Problem solved

Functional benefit

Products and services

• Power Plant Engineering Services
• Power Transmission Substations and Dispatching Services Engineering services for power transmission substations and dispatching systems, including GIS substations and voltage levels from 20 kV to 400 kV for Iranian grid operators.
• Transmission and Distribution Networks Services Engineering services for power transmission and distribution networks, including 230 kV and 400 kV transmission lines for regional electricity companies.
• Oil, Gas and Petrochemical Engineering Services Engineering services for oil, gas, and petrochemical projects including pipeline management, gas compressor stations, and refinery projects for the National Iranian Gas Company and related clients.
• Water, Wastewater, Building, Roads and Railway Industries Services Engineering services for water infrastructure, wastewater treatment plants, buildings, roads, and railway projects including dams and irrigation networks.
• Renewable Energy and Energy Efficiency Services Engineering and consulting services for renewable energy projects including solar photovoltaic plants, wind farms, and energy optimization solutions.
• HSE Management Services Health, Safety, and Environment management services for engineering projects, supporting ISO 45001-aligned safety programs.
• Environment, Health Appendage and Passive Defense Services Environmental impact assessments, health appendage studies, and passive defense engineering services for infrastructure projects.
• EPC Services Engineering, Procurement, and Construction services covering full project delivery from design through construction for energy and infrastructure projects.
• Project Management (Contractor) Services Project management services including planning, scheduling, cost control, and contractor coordination for large-scale infrastructure projects.
• Economic and Social Studies Services Economic feasibility studies and social impact assessments for energy and infrastructure projects.

Quantifiable outcome

• 5000 MW combined cycle power plant project capacity under management
• +2 more outcomes

Named customers7 records

Segments5 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature4 records

Partnerships

Five partnerships are on record, tiered core and major.

• Mapna Group (مپنا)coreStrategic or Co-development PartnerOngoing collaboration on power plant projects including combined cycle, gas, and renewable energy projects. GNEC provides engineering and supervision services for Mapna's power plant construction portfolio.
• Iran Water and Power Resources Development Company (توسعه منابع آب و نیروی ایران)coreStrategic or Co-development PartnerLong-standing partnership for dam and hydropower projects including supervision and engineering services for major hydroelectric developments.
• Iranian Gas Engineering and Development Company (مهندسی و توسعه گاز ایران)coreStrategic or Co-development PartnerCollaboration on national gas pipeline projects including IGAT-5 and IGAT-9 pipeline management and engineering services.
• National Iranian Gas Company (شرکت ملی گاز ایران)coreImplementation/ SI/ Consulting PartnerPrimary client for gas pipeline engineering projects. GNEC provides design review and construction supervision for national gas transmission infrastructure.
• Jihad-e-Nasr Construction Institute (موسسه جهاد نصر)majorStrategic or Co-development PartnerJoint execution of irrigation network projects and land reclamation under design-build arrangements.

Scale indicators3 records

Recent moves6 records

Expansion highlights5 records

Direct peers

• Farab Co. Iranian EPC contractor specializing in hydroelectric, thermal, and renewable power projects. Competes with GNEC on hydropower and thermal EPC engagements domestically.
• Moshanir Consultant Engineers: Iranian engineering firm providing consulting services in power, water, oil & gas, and infrastructure. Direct overlap with GNEC's multi-disciplinary portfolio across Iran.
• Sunir (Iran Power Engineering Services): Iranian engineering consultancy focused on power generation and transmission projects. Competes with GNEC for Ministry of Energy tenders in thermal power and substation engineering.
• Mahab Ghodss Consulting Engineering: Iranian engineering consultancy specializing in dams, hydropower, water resources, and irrigation - a direct competitor to GNEC's Water and Environment division and Rogun/Kidunda project work.
• Nargan Engineering & Construction: Iranian engineering firm active in power plants, substations, oil & gas, and water. Competes directly with GNEC across several service lines.

Broad incumbents

• MAPNA Group: Iran's largest power EPC conglomerate and a key GNEC client/partner. Overlaps heavily with GNEC on combined cycle and gas power plant engineering, but operates a vertically integrated OEM-to-O&M model rather than pure consulting.
• Tractebel Engineering (Engie): Global engineering consultancy with comparable services in hydropower, thermal power, transmission, and water. Relevant international benchmark and indirect competitor for GNEC's overseas projects.

Regional players

• Stucky (Gruner): Swiss dam and hydropower engineering consultancy. Comparable to GNEC on Rogun, Kidunda, and Uma Oya-style large dam projects; competing mainly outside Iran.
• Lahmeyer International ( Tractebel): German-origin power and hydro engineering consultancy (now part of Tractebel). Historic peer for thermal power, hydropower, and transmission consulting in MENA and Central Asia, overlapping with GNEC's international footprint.

Others

• Iran Water and Power Resources Development Company: State-owned client/partner for Iranian dam and hydropower projects. Listed as a core GNEC partner; relevant as the dominant counterparty in Iran's hydro consulting market rather than as a competitor.

Market position

Weaknesses4 records

Competitive moat4 records

Key risks6 records

Key highlights6 records

Customer concentration

Revenue estimate

Valuation estimate

Number of profiles

Profiles2 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Ghods Niroo Engineering Company