Recently Russia Japan turkey have signed an agreement to gaurantee the construction project of thermal power plants. The Thermal Power Holding Company has signed an agreement with the Japan International Cooperation Agency (JICA) for two power plants in Iran. the agreement covers the Shahid Mofateh and Shahid Rajai power plants. JICA’s estimated facilities for the two plants is $800 million

The Russian and Iranian sides have signed a supplementary agreement to guarantee the construction project of thermal power plant Sirik in the southern Iranian province of Hormozgan, the Russian Energy Ministry said. General Director of Russian Energy Agency Anatoly Tikhonov headed the Russian delegation in negotiations with Iran's economy minister and co-chairman of intergovernmental Russia-Iran commission, Masoud Karbasian, IRNA quoted Russian RIA Novosti news agency on Thursday. "The parties...

Iran is one of the most energy-intensive countries in the world, where inefficient energy use amid consumer subsidies has resulted in a per capita energy consumption which is ten times greater than that in the European Union Therefore, long-term and short-term plans have been defined to compensate for this energy shortage . One of these programs is the investment and the establishment of thermal power plants. Ministry of Energy is planning to increase the country’s thermal power capacity up to...