Russia to build four N-plants in Iran under $25bn deal
TEHRAN: Tehran and Moscow signed a $25 billion deal on Friday to build four nuclear power plants in Iran, just hours ahead of the likely return of sweeping UN sanctions.
“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
The move comes as “snapback sanctions” triggered by the European parties to a landmark 2015 nuclear deal with Iran are set to return on Saturday.
Britain, France and Germany triggered the sanctions last month, accusing Iran of failing to adhere to its commitments under the agreement.
At a Security Council session on Friday, China and Russia put forward a draft resolution to allow another half year for talks, but it is unlikely to garner enough support to pass.
Western countries have long accused Iran of seeking an atomic bomb — a charge Tehran vehemently denies, defending its right to a civilian nuclear programme.
In 2018, the United States unilaterally pulled out of the nuclear accord with Iran, prompting Tehran to begin walking back its commitments.
Talks between Washington and Tehran to strike a new deal were underway, before being derailed by unprecedented Israeli strikes on Iran in June that began a 12-day war, briefly joined by the United States.
Iran had previously signed with Russia a nuclear energy deal in 1993 allowing for the construction of the Bushehr plant, after Germany had abandoned it in the wake of the revolution of 1979.
Published in Dawn, September 27th, 2025