Iran and Russia have signed a massive $25 billion agreement to expand Tehran’s nuclear energy capacity by constructing four new nuclear power plants in Sirik, Hormozgan province. The deal, announced Friday, was sealed between Iran Hormoz company and Russia’s Rosatom, according to Iranian state television.
Currently, Iran operates just one nuclear plant — the Bushehr facility in the south, producing 1,000 megawatts. Under the new deal, each of the four reactors will generate 1,255 megawatts, significantly boosting the country’s energy output. No official timeline for completion has been disclosed.
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The agreement comes as “snapback” sanctions are due to return this weekend, triggered by Britain, France, and Germany, which accuse Iran of breaching its commitments under the 2015 nuclear accord. Iran denies the allegations, insisting its programme is purely civilian.
At the UN Security Council, China and Russia proposed extending negotiations for another six months, though the draft resolution is unlikely to secure broad support. Western governments maintain suspicions that Tehran seeks nuclear weapons, a claim Iran strongly rejects.
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The nuclear standoff deepened in 2018 when the United States unilaterally withdrew from the accord, prompting Tehran to gradually roll back its obligations. Efforts to revive the deal were ongoing until unprecedented Israeli strikes in June triggered a 12-day war, with Washington briefly joining the conflict.
Iran’s nuclear cooperation with Russia is not new; the two countries signed their first agreement in 1993, which led to the completion of the Bushehr reactor after Germany abandoned the project in the aftermath of the 1979 Islamic Revolution.
