Overview

• Iran’s Iran Hormoz Company and Russia’s Rosatom signed the agreement, with Alexey Likhachev and Mohammad Eslami among the signatories.
• The project calls for four Generation III power units on a 500‑hectare site in Sirik, Hormozgan, totaling about 5,000 MW with roughly 1,255 MW per reactor.
• The announcement came just hours before the expected reimposition of UN sanctions under the snapback mechanism triggered by Britain, France, and Germany.
• Rosatom and the Atomic Energy Organization of Iran also signed a memorandum to cooperate on small modular reactors and related technology transfer, with further talks planned in Iran.
• Iran currently runs only the 1‑GW Bushehr plant built by Russia, and Eslami said a broader government framework envisions eight Russian‑built units, including four at Bushehr.