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Home / News / Iran and Russia agree on $25 billion for nuclear power plants.

Iran and Russia agree on $25 billion for nuclear power plants.

Project expands energy cooperation between Tehran and Moscow.
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  • Photo by Raphael Guerra Raphael Guerra
  • November 7, 2025, at 14:36 PM
1 min 19 sec read
Iran and Russia sign $25 billion deal for nuclear power plants.
Photo: Canva

Iran has signed a $25 billion deal with Russia to build four new nuclear power plants in the southern region of the country, according to the Iranian state news agency IRNA. The project will be carried out in the coastal city of Sirik, in Hormozgan province, with support from Rosatom, the Russian state-owned company responsible for nuclear projects in several countries.

The new units are part of Iran's strategic plan to expand power generation and reduce electricity shortages during peak periods. 

International cooperation and tension

The agreement was announced days after Rosatom signed a memorandum of understanding for the development of small nuclear power plants, in parallel with World Atomic Week, held in Moscow. Currently, Iran already operates a plant in Bushehr, also built by Russia, with a capacity of 1 megawatts.

The partnership comes amid tensions with Israel and the United States, which launched attacks on Iran's nuclear program in June. Tehran has not detailed the damage suffered, but has reiterated that its program has peaceful purposes. 

Iranian President Masoud Pezeshkian reiterated the commitment during a speech at the UN General Assembly, stating that the country "has never sought and will never seek to build a nuclear bomb."

While Iran seeks to expand its energy sector with Russian support, Western powers, including the United Kingdom, France, and Germany, accuse the country of violating the 2015 nuclear agreement. If no consensus is reached by Sunday, UN sanctions against Tehran could be reinstated.

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renewable energy Russia nuclear power plants
Photo by Raphael Guerra
Raphael Guerra
Journalism student at PUC Campinas. He worked at Futpress, TV Século 21, ENM, and Rádio Campinas Digital. He has experience in podcasts, television, radio, news, and press relations.
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