Iran and Russia Seal $25 Billion Nuclear Power Plant Deal
Iran and Russia have signed a landmark $25 billion agreement to construct new nuclear power plants in Iran, according to Iranian state media. This ambitious deal marks a major step forward in the countries’ longstanding partnership in the energy sector.
Boosting Iran’s Power Generation Capacity
Each plant will feature a capacity of 1,255 megawatts, providing a significant boost to Iran’s electricity generation capabilities. While the announcement did not specify a construction timeline, the scale of the project signals strong cooperation between Tehran and Moscow.
This deal not only strengthens Iran’s energy infrastructure, but also deepens ties between the two nations in the face of increasing international scrutiny. As global energy demands grow, this development positions Iran as a major player in the nuclear power landscape.
Sources: Source