Alireza Shirani, Chairman of the Board at Fulmen Group, will deliver a speech at the Turkey Energy Summit on the topic: "Energy Transition and Investment Opportunities in Iran."

This special session of the summit will take place on Monday, November 25, 2024, from 5:30 PM to 7:00 PM in Istanbul, Turkey.

Speech by Fulmen Group Chairman at Turkey Energy Summit

As a leading player in the electrical industry, the Fulmen Group is deeply committed to its social responsibility toward society and the environment. 

Social Responsibilities of the Fulmen Group

Switchboards of capacitor banks are referred to as a set of capacitors placed together to improve the power factor of the network

Fulmen, established in 1975 in Iran, originated from the vision of its founder. Over five decades, it has evolved into a leading technology company in the electric power industry, renowned for innovation and extensive research and development, driving advancements in energy solutions.

Fulmen Group envisions itself as a global leader in the T&D sector within the next decade,excelling in project management, design, and engineering with cutting-edge technology.Committed to sustainability and social responsibility, Fulmen aims to solve global challenges,fostering a future of clean, sustainable development for generations to come.

Fulmen aims to lead in financial performance, customer satisfaction, and innovation. With a focus on maintaining high sales, and efficient operations, we prioritize customer needs and cutting-edge technology. We invest in our employees' development, using advanced management systems to ensure excellence across all organizational processes.

The FULX panel is a flexible and user-friendly switchgear solution. It offers easy assembly, customization, and modification even after installation. Its lightweight design and modular construction make it ideal for various applications in industrial and commercial settings.

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Low voltage drawout switchgear is one of the most commonly used types of low voltage switchboards. Known for their high level of safety and efficiency, these switchboards are commonly used in large factories, substations, power plants, metro systems, and locations requiring a large number of consumers with varying amperages

Each output feeder, designed to supply power to consumers, is known as a drawer. Each drawer supplies a specific load, which could be an electric motor, lighting, or other electrical equipment. In essence, each drawer is a small switchboard in itself.

Communication busbars are located at the top of each cell, and fingers are used to feed the feeders, located vertically behind the output cells. Numerous equipment items are required for the installation and assembly of these switchboards

Depending on the design and client requirements, the breakers in these drawers can be simple or motorized. Motorized breakers can be controlled from a control room. The most critical part of the SivaKon design switchboards is their mechanical assembly, which is quite complex. Thanks to its brilliant history and years of experience, Mehrabad Industrial Company has been able to offer this type of switchboard to its esteemed clients.

Vertical Busbar For In-Line Plug-In Design

Main Horizontal Busbar Rated Current (le) (3 & 4 Pole)

MV Draw-Out Switchgear Panels 24 KV

We are a private group active in the T&D (electricity industry) sector, dedicated to acquiring the latest global knowledge and technologies. By leveraging our most specialized personnel and emphasizing teamwork, we strive to

Increasing motivation, job satisfaction, and creating a suitable work environment for employees, aligned with our aspirations and goals, and promoting high human culture and values among employees, are the main pillars of our human resources movement.

 provide the best products and services domestically and internationally, especially to target countries

Building a Stronger Grid, Building a Better Future

People, Power, and Progress: Building a Sustainable Future

We are one of the most experienced groups in the country's electricity industry, possessing high credibility both domestically and internationally. We aim to offer the most suitable products and services at the highest level in the fields of design-engineering, manufacturing, project management, and participation in related investments.

By utilizing cutting-edge technologies and systems and delivering high-quality products and services, we have managed to secure a significant share in the domestic market and are among the top companies in Iran and the region in the areas of manufacturing, production, and project management.

We believe that our most important asset is our specialized and distinguished human resources, who are at the core of all our activities. Therefore, we devote all our precision and effort to attracting, retaining, developing, and enhancing them.

Get to know more about Fulmen MV products.

AMS sliding medium pressure switchboards are designed and manufactured based on IEC 62271 standard and have a type test certificate from the British INTERTEK laboratory. (ASTA Certificate)

The diverse range of current and voltage, resistant structure and the ease of operation of this switchboard have made it an ideal option for use in all kinds of industrial, substation and power plant projects.

In the design of the mechanical interlocks system of this board, the conditions and requirements of safe operation as well as the protection of the equipment have been comprehensively foreseen in such a way that:

A title about our strategic goals

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In the 10-year horizon, Fulmen Group envisions itself as an exemplary entity, actively engaged in all aspects of project management, design and engineering, and the manufacture of strategic and key products using the world’s leading technologies in the T&D sector

In the forthcoming horizon, the Fulmen brand will be recognized as one of the prominent international companies, equipped with up-to-date technical knowledge and standards, leading in the production of new products, optimizing methods and tools, excelling in quality and efficiency, and equipped with modern management systems and practical research and development

With a green and bright outlook on the future, Fulmen Group adopts solution-oriented methods as its model and is committed to the development of knowledge through research and development. The group strives for sustainable development and solving the problems of our planet within its areas of operation.

Fereidoun Mahmoudian, the founder of Fulmen, has always emphasized and believed in social responsibilities since the beginning of his industrial activities. Consequently, Fulmen Group, by drafting its social responsibility charter, is confident that the future of this beautiful and ancient land will be built by both wisdom and industry and sustainable development, and also by the joy of children, who will step on clean earth and look up to the clear blue sky.

Sustainable Solutions, Global Impact: Building a Brighter Tomorrow

Shaping the Future of Power: A Global Leader in T&D Innovation

Beyond Power: Building a Legacy of Social Responsibility and Progress

Fulmen’s Organisation

Imagining the Future: In our company, R&D management means painting a future that does not yet exist. By providing the necessary resources and infrastructure, we turn the long-term goals and aspirations of the organization and its founders into reality. Through continuous innovation, we redefine industry standards. At Fulmen, no project advances without considering sustainable development, unless hand-in-hand with research, innovation, and the revision of the company's micro and macro goals.

Our projects are full of hustle and bustle, and amidst this commotion, precise and artistic harmony is formed; where the oversight and control of project execution are not just tasks, but a heartfelt process, with the refrain of efficiency in time and quality, ensuring project performance and alignment with forecasts. We navigate the turbulent waves of projects with a forward-looking vision, ensuring that every drop of sweat eventually flows into a sea of prosperity and client satisfaction. By harmonizing with the design, engineering, and financial departments, we achieve a flawless symphony of management, planning, and excellence. We sign off on the structures we have built with countless hopes; hoping for the sustainability of this land.

The design and engineering department offers leading industry solutions with precision and expertise, from concept to execution. Our responsibility in preparing engineering drawings and documents ensures the realization of plans with superior quality and global standards. With every line and curve, we build a legacy of innovation and precision for a bright future. From the initial whispers of an idea to the moment of realization, every drawn line and every calculation is accompanied by a meticulous plan and approved standards. The story of this department is one of collaboration and cooperation with various units, from consultants to clients, and subcontractors.

The planning and systems department ensures that projects are completed on time and with high efficiency by preparing and developing development strategies, precise scheduling, and progress monitoring. We use advanced information technologies to facilitate processes and improve efficiency in execution plans, moving towards digitalization while improving and developing IT infrastructure. Amid the turbulent flow of projects, every activity is precisely scheduled and planned by our skilled specialists. With eyes wide open towards the future, we monitor progress and challenges. Our financial and time analyses illuminate the path, ensuring every project reaches the safe shores of success. At every stage, from precise budgeting to overseeing execution and optimizing resource use, we anticipate and intelligently manage every twist and turn. Continuous communication with various units and periodic updates of information form the foundation of our work. Information technology is a cornerstone of this ecosystem, providing a secure and stable platform that allows us to turn data into knowledge and always stay a few steps ahead.

At the heart of this department's activities is a dynamic and agile interaction with contractors, manufacturers, and vendors. With precision and intelligence, we manage the process from identifying and selecting the best options to precisely managing contracts and necessary coordination. Our team is constantly optimizing procurement, ensuring high construction quality, and providing accurate progress reports. Our goal is to guarantee flawless project execution through continuous supervision, knowledge management, and ongoing process improvement, turning every challenge into an opportunity for growth.

In this department, through knowledge, creativity, and the use of the latest methods, we not only identify markets but create them. Every product is a story to be heard, and every service is a bridge to dreams. We create value with the market, like a poet with words, and by devising new and intelligent marketing strategies and generating demand for our products, we increase our market share and strive to maximize the company's profit.

Within every construction project lies a complex and precise roadmap; a path that begins with selecting expert contractors and optimizing execution processes. In this grand orchestra of construction, our civil department composes a symphony of precision and efficiency with every hammer strike and line on the blueprint. From meticulous planning to overseeing execution, we guarantee that each project excels not only structurally but also in sustainability. Coordination with various units, from technical to executive, guides us towards achieving perfect quality and precision. Monitoring execution status, preparing estimates, and meticulously overseeing documentation processes add layers of care and accuracy to this masterpiece.

Our HR and financial department ensures the stability and growth of the company through strategic human resource management and precise financial oversight. From developing automated systems to implementing financial and administrative policies, we ensure the company is prepared for future success. With every number and figure, we guarantee the company's financial stability and sustainability, bringing a stable future for all company creators through precise resource management. Nurturing talent, welfare affairs, attracting new elites, promoting organizational culture, and continuous education flow like lifeblood through the company's veins with every pulse of this beating heart. We believe that education is a continuous process.

Fereidoun Mahmoudian was born in 1943 in the city of Kermanshah, in western Iran. In 1967, he graduated with distinction from the Faculty of Electrical Engineering at Tehran Polytechnic University. He then went to France for postgraduate studies and then returned back to Iran, where he was employed as a professor at Tehran Polytechnic University. Simultaneously, he established various companies active in industrial fields, with Fulmen being the latest His areas of expertise include control and protection, high-voltage equipment, and manufacturing.

A well-educated engineer with more than 30 years’ experience in Research, Consultancy, and Management. Supervisor of more than 10 Ph.D. students and more than 50 MScs. Expert in electric power system planning and most management skills. Recognized nationally and internationally as a distinguished engineer and awarded more than 200 appreciation letters from top national and international officers. Possessing a well-oriented and structured character, he is highly capable in team formation and project execution. He has visited more than 60 countries around the world and has a good knowledge of the cultures of different nations.

Armond Ayvazian was born in 1970 in Tehran and received his degree in Electrical Engineering from ran University of Science and Technology (IUST) in 1994. After graduating, he began his career at Fulmen. Initially, he worked as a project designer and manager, and since 2016, he has been the CEO of Fulmen. His achievements at Fulmen include managing dozens of national and international projects in the construction of high-voltage AIS and GIS substations, as well as the quantitative and qualitative expansion of Fulmen Group's activities in new technologies, specifically LPGIS substations, which were developed for the first time in the country.

Hooman Hasani Talaqani is an experienced accountant with a master's degree in Accounting from Tarbiat Modares University and currently pursuing a PhD at Tehran University. He has held key financial roles, including Financial Manager at Lavan Petrochemical and  he has been Internal audit manager at FHA of Iran. Hooman also serves as a tax dispute representative for Tehran's Tax Affairs Organization and he is an accounting instructor at various universities and institutes since 2014 such as PACT(ACCA) &IPART.

Ali Hasani is an electrical engineer with 22 years of experience in design and project management of high-voltage substations including national and international projects. He has extensive expertise in different aspects of HV substations ranging voltage levels up to 400kV and has expert knowledge in GIS equipment. Ali has held key positions in FULMEN Co. , including lead substation design engineer, project manager and deputy of high-voltage execution department. He holds a master's degree in Electrical Engineering from Sharif University of Technology and is proficient in project management and HV/LV engineering practices.

Fulmen, with half a century of experience in Iran's electrical industry, has a story of growth and resilience deeply rooted in Iran, this ancient land. The journey began with a small seed named Raisco (Research & Industrial Services Company), which was established six decades ago by Fereidoun Mahmoudian and a group of academic colleagues, driven by a blend of knowledge, creativity, and high ideals.

As Raisco rapidly grew, an opportunity arose to collaborate with CGE, a major French industrial group in the electrical sector, including Alstom. This marked the birth of Fulmen in 1975, a new chapter in the region’s electrical industry.

Throughout its journey, Fulmen has weathered challenges and embraced progress, growing steadily and persistently. With a commitment to sustainable development and social responsibility, the company has thrived, focusing on the design, supply, and execution of electrical projects.

Today, Fulmen has reached a stage where it proudly creates technology and produces distinguished products under its own brand. With an unwavering emphasis on sustainable growth, Fulmen continues to stand as a symbol of dedication and innovation in the electrical industry, always moving forward.

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Social Responsibilities of the Fulmen Group

Speech by Fulmen Group Chairman at Turkey Energy Summit

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