Russia�s Technopromexport engineering company is ready to pay up to $26.4 million to a potential general designer of Iran�s thermal power plant on the Persian Gulf, materials published on the official state procurement website Wednesday stated.


MOSCOW (Sputnik) � Moscow and Tehran reached a preliminary agreement in�November 2015 to�allocate a $5-million loan to�Iran, part of�which the head of�Rostec state technologies corporation said would be used by�Technopromexport to�construct a thermoelectric power plant in�Iran. Rostec is Technopromexport's parent company.


"A two-stage hard-copy competition has been opened on�the right to�sign an agreement to�perform a set of�operations as�General Designer in�the construction of�the Hormozgan TPP facility," the document states, naming the sum of�1.6 billion rubles.


The plant near�the city of�Bandar Abbas in�Hormozgan province is expected to�consist of�four units with�the total capacity of�1,400MW, according to�the procurement document.

By Sputnik