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Tehran, Moscow sign $25 bn deal to build nuclear plants in Iran

SpaceWar.com reports: “Iran and Russia signed a $25 billion deal to build nuclear power plants in the Islamic republic, Iranian state media reported Friday, just hours ahead of the likely return of sweeping UN sanctions on Iran.

‘A deal for the construction of four nuclear power plants with a value of $25 billion in Sirik, Hormozgan was signed between the Iran Hormoz company and Rosatom,’ state television said.

Iran has just one operational nuclear power plant in Bushehr in the south, with a capacity of 1,000 megawatts — just a fraction of the country’s energy needs.

According to state news agency IRNA, each plant will have a capacity of 1,255 megawatts, though no details were provided on the timeline…”

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