18 January 2017
Russian companies are about to build a power plant and enhance the power generation capacity of another plant in Iran in a contract worth several billion dollars, said an Iranian deputy energy minister.

Speaking to Mehr News Agency, Alireza Daemi said on Wednesday that based on an agreement signed by the two sides, the Russians will improve the efficiency at Ramin Power Plant in Khuzestan Province to 50-55 percent from the current 36 percent.

Another Russian company will build a 1,400-MW power plant in Bandar Abbas, Hormuzgan Province, he added.

"The two contracts between Iran and Russia are worth several billion dollars and the details will be announced in the future," Daemi said.

According Mehr, Russia's Inter RAO will boost the efficiency of the Ramin plant, a 1,800-megawatt station built by the Russians during the era of the former Soviet Union.

A subsidiary of Russian state company Rostec, will carry out the construction of the power plant in Bandar Abbas.

The Kommersant daily has put the value of the new project at $1.1 billion which will come from a Russian credit line. According to the newspaper, the plant will have four 350-megawatt generators and a seawater desalination plant with a capacity of 200,000 cubic meters per day.

© Iran Daily 2017