The Islamic Republic of Iran and Russia are working out a $10-billion deal in the power sector.
Iran-power-energy-transmission
Alexander Novak, Russia’s Energy Minister, said the two countries have been negotiating to sign an agreement on a package of energy projects worth USD 10 billion.
He said the package of projects includes construction of hydroelectric power plants, participation of Russian firms in supplying equipment and renovating Iran’s power supply network, Interfax news agency reported.
Novak added that the next round of talks between Iran and Russia to finalize the deal will be held in Tehran in September.
He further noted that Tehran seeks to expand cooperation with Moscow in the field of nuclear power generation.
It was reported earlier this week that Russia plans to sign a contract with Iran this year to build two more nuclear reactors at its Bushehr power plant as part of a broader deal for constructing up to eight reactors in the country.
An Israeli attack targeting a building in central Beirut has killed Hezbollah’s spokesman Mohammad Afif,…
Brigadier General Aziz Nasirzadeh, Iran’s Minister of Defense, met with Syrian President Bashar al-Assad in…
Zeynab Alipour, a dedicated journalist for Jam-e Jam newspaper, passed away on Saturday evening due…
Blasts rang out across Ukraine’s capital Kyiv and other cities early on Sunday, as Russia…
At least 50 Palestinians were killed in Israeli airstrikes on a five-story residential building in…
Outgoing US President Joe Biden met Chinese President Xi Jinping in Lima, Peru, to discuss…