Company profilePrivate / Non-listed

Fulmen Group

Fulmen Group is a Tehran-based electrical engineering and power-infrastructure company serving Iran’s power and industrial sectors. It delivers power-system studies, substations, switchgear, control and protection panels, electrical equipment supply, and transmission and distribution project services. The company matters to buyers and partners seeking integrated electrical-project delivery for grid, generation and energy-intensive industrial facilities.

ListingPrivate / Non-listed
ExportMedium
VerificationBasic
ConfidenceHigh
Updated20/07/2026
Market Role

Market position

Fulmen Group operates as an integrated electrical engineering, equipment-manufacturing and project-services provider in Iran’s power-infrastructure market.

OPERATING PROFILE

Operations & footprint

Products and services

Fulmen Group provides power-industry engineering, manufacturing, procurement, installation, and project services, including electric power system planning, high-voltage and medium-voltage substations, low-voltage and medium-voltage switchgear, control and protection panels, mobile substations, electrical infrastructure, power transmission and distribution projects, equipment supply, testing, commissioning, and related electrical consulting services.

Operations and assets

The group’s operating offer spans engineering and consulting, fixed and mobile substations across high, medium and low voltage, medium- and low-voltage switchgear, and control, protection and automation panels. Its delivery scope includes equipment supply, installation, testing and commissioning for transmission and distribution work.

Geographic footprint

Tehran, Iran. Its project portfolio covers power generation, transmission and distribution as well as oil and gas, petrochemicals, steel and cement applications in Iran.

Investor Lens

Commercial and investment relevance

Fulmen Group is relevant for investors assessing Iran's power-infrastructure supply chain, grid investment, substation capacity, switchgear localization, electrical-equipment procurement, and project-execution risk in power transmission and distribution. It can support analysis of electricity bottlenecks, industrial power access, domestic engineering depth, and equipment replacement demand. Due diligence should apply heightened compliance screening and verify ownership, sanctions or watchlist status, active project backlog, utility and industrial clients, technology partners, manufacturing sites, testing certificates, import dependence, contract claims, payment risk, export destinations, and exposure to public-sector procurement rules. Buyers can engage Fulmen Group across the electrical-project lifecycle, from system studies and design through equipment supply, installation, testing and commissioning. Its scope is particularly relevant where substations, switchgear and protection-and-control systems must be integrated into industrial or grid infrastructure.

DECISION RISKS

Constraints, risk & compliance

Key risks and constraints

Project execution depends on the timely integration of electrical equipment, substations, switchgear and control-and-protection systems. Procurement and delivery assessments should establish manufacturing locations, technology partners, project backlog and client concentration.

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Common questions

Frequently asked questions

Direct answers to the questions most likely to arise when reviewing this profile.

What does Fulmen Group do?

Fulmen Group provides power-system engineering and consulting, substation delivery, switchgear, control and protection panels, electrical equipment supply, and transmission and distribution project services.

Where is Fulmen Group based?

Fulmen Group is based in Tehran, Tehran Province, Iran.

Which sectors does Fulmen Group serve?

Its completed project portfolio includes power generation, transmission and distribution, oil and gas, petrochemicals, steel and cement.

Does Fulmen Group supply and commission substations?

Yes. Its substation scope includes design, manufacturing, supply, installation, testing and commissioning for fixed and mobile high-, medium- and low-voltage substations.