Timeline
2009
- Establishment of Tose Sazehaye Energy Khazar ( TESK ).
- Establishment of United Energy Developers ( UED ).
2016
- Purchase of 39 % United Energy Energy Company share.
2018
- Establishment of Khazar Energy and Industrial Development Co. and preliminary agreements with Austrian company Metecno to attract foreign investment for the construction of Anamis combined cycle power plant.
- Establishment of Machine Sazi Khorramabad Co. (MSK), purchase of the factory premises for this company, and partnership with BHI Company to acquire HRSG technology.
- Establishment of Khazar Supply and Trading Group Company to export Iranian competitive goods abroadÂ
2019
- Establishment of Sahand Energy Developers Company for the construction and installation of mechanical and electrical equipment in power plants, transmission lines, and refineries.
- Restructuring of the company into KHAZAR Holding with a majority stake in four active companies .
2020
- Purchase of MSL, renovation and repair of the industrial site, adding new equipment, and capital increase.
2021
- Acquisition of Comar Sanaat Co. by purchasing the majority of its shares, adding it to Khazar Holding’s subsidiaries.
2023
- Merger of MSL and MSK into a single company, now known as Machine Sazi Lorestan (MSL), with the goal of consolidating advanced equipment and unifying the extensive 16-hectare physical space.