Negotiations are underway for Technopromexport to build two 450 MW power plants, two 350 MW plants and one 125 MW plant in Iran’s northwest province of East Azerbaijan.
While no further details have been given, the $10bn package of projects is said to be planned for the near future and would include equipment supply and renovation of supply networks.
In parallel negotiations, Iran and Russia’s state nuclear power company Rosatom have agreed that Russia will design and build two additional units at Iran’s 1 GW Bushehr nuclear power plant, located in the south of the country.
The terms of the agreement include construction of the two new plants, which are to have a minimum capacity of 1 GW each, as well as two desalination units.
Rosatom CEO Sergei Kiriyenko indicated that the contract will be signed by the end of this year.
The Bushehr pressurized water reactor plant (pictured) is Iran’s only operational civil nuclear reactor. It came online in 2011 and uses fuel supplied by Russia.