Iran to build $11bn nuclear power plants

Iran will start work on the second nuclear power plant at Bushehr this March followed by its third power unit in the next two years at a total investment of $11 billion, said a report.

The capacity of each new Bushehr power unit will stand at 1,050 MW, reported the Irinn TV channel, citing a senior industry official.

The first Bushehr Nuclear Power Plant was built by Russian organisations in accordance with the 1995 contract with Iran.

The power plant was put into operation in 2011 and connected to Iranian power networks in the next two years, stated the report citing Ali Akbar Salehi, the head of Atomic Energy Organisation.

The second and third power units at the Bushehr NPP will be constructed together with Russia’s Rosatom State Nuclear Energy Corporation in accordance with the contract signed in Moscow in November 2014, said Salehi.

"In 8-10 years they will be connected to common power systems," he added.

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