Russian Tekhnopromexport to build two thermal power plants in Iran

Tekhnopromexport, a part of the Rostec state corporation, is preparing for the construction of two thermal power plants (TPP). The total cost will be about $4.8 billion, Rostec reports.

"Representatives of Iranian companies sent draft contracts for technology transfer and localization of production. Terms, volumes and study financing schemes are being harmonized now," Tass cites the statement.