Iran and Russia Sign $25 Billion Deal for Four Nuclear Reactors in Sirik

Overview

• Iranian state television said Iran Hormoz and Russia’s Rosatom signed the contract to build four reactors in Sirik, in southern Hormozgan province.
• Each planned unit is reported at roughly 1,255 megawatts of capacity, according to the official IRNA news agency.
• No construction timetable or implementation details were disclosed in the announcement.
• Iran currently operates a single nuclear power plant at Bushehr as officials argue expanded nuclear power is needed to ease electricity shortfalls.
• President Masoud Pezeshkian reiterated at the UN that Iran does not seek nuclear weapons and asserts the program is strictly for civilian purposes.