Energy minister: Russia willing to help Iran build power plants

TEHRAN (FNA)- Russian Minister of Energy Aleksandr Valentinovich Novak announced that his country is willing to help Iran with the construction of power plants.

The Russian energy minister made the announcement in a meeting with Iranian ambassador to Moscow on Wednesday.

“Construction of power plants in Iran is among priorities of the two countries in their mutual cooperation in the energy sector,” Novak said during the meeting.

The Russian energy minister pointed to the agreements reached during a recent visit of the Russian energy companies to Iran, and said, “Wide strides have been taken in energy cooperation between Iran and Russia in line with the agreements made by the two countries’ presidents.”

The Iranian ambassador, for his part, said the two countries should also increase their cooperation in other areas, including the banking and insurance sectors, parallel to their energy cooperation.

Earlier this week, the Russian company Technopromexport announced that it plans to construct new power plants in Iran.

A Technopromexport deputy director-general said during a recent visit to the power plants in Iran’s East Azarbaijan province that the firm had constructed Ahvaz’s Ramin 2100 mw and Isfahan’s Shahid Montazeri 1600 mw power plants.

“Russia is prepared to construct a new 1725 mw power plant in the province,” the Russian official said.

“If the talks are positive, Technopromexport will construct 5 power plants in the vicinity of Sahand power plant in Bonab and Tabriz power plant,” he said, asserting that “the province is an industrially-growing region, which necessitates adding to the number of power plants.”

In May 2014, Novak said that Iran and Russia were discussing $10bln electric power projects.