News ID: 276157
Published: 1234 GMT October 31, 2020

Iran, Russia renew agreement on Sirik Power Plant

Iran, Russia renew agreement on Sirik Power Plant

Iran and Russia renewed agreement on the construction of Sirik Power Plant in the southern Iranian province of Hormuzgan, an official of Thermal Power Plant Holding (TPPH) said on Saturday.

The project will become operational soon after approval of a loan from Russia, Director of TPPH Steam Power Plant Projects Behnam Khaefi-Nejad said, according to IRNA.

As the official announced, a new Russian contractor has been introduced for building the 1,400-megawatt power plant in southern Iran.

Talks on the issue started about six months ago, while the two sides finally reached agreement after holding 90 meetings, Khaefi-Nejad said.

After finalization of the agreement, a 200-hectare area was allocated to the new contractor to build the power plant, he added.

Implementation of the project on a budget of €1.4 billion secured from the Russian loan will start in the near future, he noted.

According to the agreement, the project is to be implemented by Iranian contractors, and Iranian equipment will be provided for the project.

In September, Iranian Energy Minister Reza Ardakanian said Russia has changed the contractor that was supposed to work on the Sirik Power Plant; the new contractor will start work on the project in the coming weeks.

Iran had signed a memorandum of understanding with the Russian Company Technopromexport for implementing the 1,400-megawatt power plant project in August 2016, and the Russian side pledged to invest up to €1.4 billion in the project.

 

The construction of the mentioned thermal power plant started in February 2017; however, it came to a halt due to some administrative and funding problems on the Russian side.

 

 

   
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