Tuesday, October 21, 2025 | 6:16 pm

Iran Signs $25 Billion Deal with Russia to Build Four Nuclear Power Plants

Nuclear Power Plants
Highlights
  • Iran signed a $25 billion deal with Russia’s state corporation Rosatom.
  • Four nuclear plants will be built in southeastern Hormozgan province.
  • Plants will generate a total of 5,000 MW of electricity.
  • Iran insists on continuing peaceful nuclear programs despite foreign pressure.
  • Russia calls the EU’s ‘snapback’ sanctions process illegal.
  • Currently, Iran operates only one nuclear power plant in Bushehr with 1 GW capacity.

The Deal with Russia

On Friday, September 26, 2025, Iranian news agency IRNA reported that Iran signed a $25 billion contract with Russia’s Rosatom to build four nuclear power plants.

Rosatom described the project as “strategic”. The agreement was signed during the Atom Expo-2025 exhibition in Moscow.

Location and Capacity

According to IRNA, the Generation III power plants will be built on a 500-hectare site in the Sirik area of southeastern Hormozgan province.

The plants are expected to produce 5,000 megawatts of electricity, helping Iran reduce power shortages during peak demand.

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Officials’ Statements

After the signing, Rosatom chief Alexei Likhachev and Iran’s Atomic Energy Organization head Mohammad Eslami emphasized that the deal reflects the commitment of both countries to peaceful nuclear cooperation.

Mohammad Eslami told Russian media RT that,

“Iran will continue its peaceful nuclear program regardless of foreign pressure.”

International Context

European countries have resumed the ‘snapback’ process of the 2025 historic nuclear deal, which would reimpose previous sanctions on Iran.

However, Russia’s UN envoy has stated that the snapback procedure is illegal and has no legal basis.

Iran’s Current Nuclear Power Situation

Currently, Iran has only one operational nuclear power plant in Bushehr, which was built with Russian assistance and has a capacity of 1 gigawatt.

Russia maintains close ties with Tehran. In June, Moscow condemned US and Israeli threats against Iran’s nuclear facilities.

Israel has claimed that Iran is on the verge of developing nuclear weapons, but Tehran insists it never had such intentions.

Source: Economic Times

Update

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