Iran, Russia Discuss Cooperation in Power Plants Construction

TEHRAN (Defapress) - High-ranking Iranian and Russian officials in a meeting in St. Petersburg underlined the two countries' willingness to expand cooperation in building power plants.

News ID: 83424

Date: 04 June 2021 - 01:26

In a meeting held between Iranian Minister of Energy Reza Ardakanian and CEO of Russian Power Machine Company Konyukhov, the Russian side expressed its readiness to finance and implement Iran’s power plant projects.

Iranian Minister of Energy, as Chairman of Iran and Russia Joint Trade and Economic Cooperation Commission, who has traveled to St. Petersburg at the head of a high-ranking delegation, met and held talks with Konyukhov on Wednesday.

During the meeting, the two sides exchanged their views on development of bilateral cooperation and projects of this Russian company in Iran.

While welcoming the interest of Russian Power Machine Company for cooperating with Iranian companies, Ardakanian considered the use of Russian government’s loans as the most important motivation of the Iranian side in delegating Sirik Thermal Power Plant project to the Russian company.

CEO of Russian Power Machine Company Konyukhov, for his part, referred to the opening of Letter of Credit (L/C) and completion of the administrative and technical process related to the construction of four 1,400-MW units of thermal power plant in Sirik, Bandar Abbas, as joint program of this Russian company and the Iranian Ministry of Energy.

Ardakanian traveled to the Russian Federation on Tuesday at the head of a high-ranking delegation to participate in the 24th St. Petersburg International Economic Conference.