Iran, Russia Sign Deal on Constructing Power Plant, Railway Electrification

Moscow and Tehran signed during a session of the Russian-Iranian Permanent Intergovernmental Commission on Trade and Economic Cooperation a $2.5-billion deal on construction of a thermal power station in southern Iran and electrification of a railway line.

TEHRAN (Sputnik) – Russia and Iran signed on Tuesday a $2.5-billion deal on construction of a thermal power station in southern Iran and electrification of a railway line.

The agreement was reached during a session of the Russian-Iranian Permanent Intergovernmental Commission on Trade and Economic Cooperation.

The thermal power station is going to be built in Bandar Abbas in the southern province of Hormozgan. The railway line that will be electrified connects towns of Garmsar and Incheboron.