In a landmark development, Iran and Russia have signed a $25 billion agreement to construct four nuclear power reactors in southern Iran, according to Iranian state media reports. The deal, seen as a significant step in Tehran’s long-term energy strategy, highlights growing cooperation between the two nations amid shifting global alliances.
The reactors will be built in Bushehr Province, where Iran’s only existing nuclear plant, constructed with Russian assistance, is already operational. Officials from both countries have emphasized that the new reactors are designed to boost Iran’s civilian nuclear energy capacity, reduce reliance on fossil fuels, and support the nation’s electricity grid.
Russian state nuclear agency Rosatom is expected to lead the project, providing both technical expertise and construction support. Iranian authorities underscored that the agreement aligns with international nuclear regulations and will remain under the supervision of the International Atomic Energy Agency (IAEA).
Analysts suggest the deal not only strengthens Iran’s energy independence but also deepens Moscow’s role as a strategic partner in the Middle East. At a time when Western sanctions continue to impact Iran’s economy, collaboration with Russia provides Tehran with crucial economic and technological opportunities. Observers believe the $25bn project will take several years to complete, with the first reactor expected to come online by the early 2030s.
Both governments hailed the agreement as a “new chapter” in bilateral relations, promising mutual benefits in energy, technology, and strategic cooperation. As the world watches closely, the deal underscores a broader trend of non-Western alliances reshaping the geopolitical energy landscape, with Iran and Russia positioning themselves at the forefront of nuclear cooperation.
Tehran and Moscow Seal $25bn Nuclear Deal to Build Four Reactors in Southern Iran
