Establishment of Tose Sazehaye Energy Khazar ( TESK ).
Establishment of United Energy Developers ( UED ).
2016
Purchase of 39 % United Energy Energy Company share.
2018
Increase the company’s capital to 250 billion rials.
Establishment of Khazar Energy and Industrial Development Co. and preliminary agreements to partner with Austrian company Metecno and attract foreign capital to build Anamis combined cycle power plant.
Establishment of Machine Sazi Khorramabad (MSK) Company and purchase of factory area for this company and partnership with BHI Company to obtain HRSG technology.
Establishment of Khazar Supply & Trading Group for exporting Iranian advantageous goods abroad.
2019
Establishment of Sahand Energy Developers Company on the subject of construction and installation of mechanical and electrical equipment in power plants, transmission lines and refineries.
Restructuring of the company to KHAZAR holding with a majority stake of four active companies.
Investment and participation in the construction of Residential and Commercial Project : Seashine , located in Anzali ,Gilan Province.
2020
Purchasing and renovation of the Machine Sazi Lorestan.