Iran is launching nuclear power cooperation with Russia and China following the end of sanctions. Tehran will launch work on the second and third power units at the Bushehr nuclear power plant, in cooperation with Russia’s Rosatom State Nuclear Energy Corporation, said Trade Arabia. The total investment is $11b with a capacity of 1,050 MW for each of the two new Bushehr power units. The second unit is schedule for March, while work on the third will begin in the next two years. The contract for the two new units was signed in Moscow already in November 2014, following upon previous cooperation between the countries on the first Bushehr nuclear power plant that was built by Russia in 1995.
Meanwhile, Iran has also reached a nuclear agreement with China to modernize the Arak heavy-water reactor and build 100MW power plants, Press TV informed. Tehran is resolute on boosting nuclear cooperation with Beijing, as the country was entering a new phase that called for an “expansion of mutual relations in different fields,” said Head of the Atomic Energy Organization of Iran (AEOI), Ali Akbar Salehi. Director of China’s Atomic Energy Authority, Xu Dazhe, confirmed that the Tehran-Beijing cooperation will also include economic and research areas in the nuclear industry.