Russia and Iran signed a $2.5-billion deal on construction of a thermal power station in southern Iran and electrification of a railway line.
The agreement was reached during a session of the Russian-Iranian Permanent Intergovernmental Commission on Trade and Economic Cooperation, Sputnik reports.
The thermal power station will be built in Bandar Abbas in the southern province of Hormozgan. The railway line that will be electrified connects towns of Garmsar and Incheboron.
