Iran and Russia have entered into a $25 billion agreement to build four nuclear power reactors in southern Iran.
The project announced on Friday will be located in Sirik, Hormozgan Province and will cover an area of about 500 hectares. Once completed, the power plants are expected to generate 5 gigawatts of electricity, strengthening Iran’s energy capacity.
Officials highlighted that this deal reflects the growing cooperation between Tehran and Moscow in the energy sector. By working together on nuclear technology both countries aim to improve electricity production while also deepening their strategic ties.
Iran has long been looking for ways to reduce its reliance on fossil fuels and expand cleaner sources of power.
Nuclear energy, according to Iranian authorities, is a key part of their long-term energy plan. The new reactors are expected to help meet rising domestic electricity demands while also reducing pressure on oil and gas reserves.
Experts believe that this project will not only boost Iran’s power generation but also create thousands of jobs during the construction phase. In addition, the operational plants will contribute to a more stable energy supply across the country, especially in the southern provinces where demand is growing.
For Russia, the project strengthens its role as a global player in nuclear technology. By providing expertise and investment, Moscow is reinforcing its political and economic ties with Iran at a time of shifting international alliances.
Work on the reactors is expected to begin soon, with both governments emphasizing the importance of timely completion and mutual cooperation.
