Iran and Russia have started constructing a thermal power plant in the southern city of Bandar Abbas, a report said. According to the report carried by Sputnik on Monday, Tehran and Moscow began the construction of the thermal power plant during a ceremony attended by Russian Energy Minister Alexander Novak. The plant, with a capacity […]
Tag Archives | Technopromexport
$1.1bn Russian Power Plant Deal
By John Lee. PressTV reports that Technopromexport, part of Russia’s state industrial conglomerate Rostec, will build a 1.4-gigawatt thermal power plant in the port city of Bandar Abbas. The project is estimated to cost €1 billion ($1.12 billion) which will be 85-percent financed through a Russian export loan, with the remainder provided by Iran. It […]