Noor Vijeh Company

The Noor Vijeh Company (NVCo) is a private company based in Tehran involved in financing, execution, and operation of major water desalination schemes via reverse osmosis (RO).

History
The company was established in 2001 and is currently one of Iran's largest private investors in reverse osmosis.

Noor Vijeh's RO plant in the city of Qom with a capacity of approximately 3000 m3 per day successfully completed its contract in 2006.

As of June 2020, the registered capital of the company according to the Official Gazette stands at nearly 209.3 billion Rials.

The newest plants to start operation are located in the city of Kangan and Bushehr, for which the opening ceremonies in 2016 received widespread media attention.

Business model
The preference in NVCo is given to BOO (Build-Own-Operate) and BOT (Build-Operate-Transfer) contracts.

Noor Vijeh's plants are located in Asaluyeh, Bandar Abbas, Bushehr, Kangan, Hendijan, and Chabahar (2 phases).