Iran determines date to start construction of Bushehr NPP

Iran determines date to start construction of Bushehr NPP
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Construction of new two power units of Bushehr nuclear power plant with the cooperation of Russia will be launched on the 10th of September and will last ten years, the head of Atomic Energy Organization of Iran, Ali Akbar Salehi, told the national TV channel on Thursday.

According to him, the project’s implementation will require $10 bln of investments. “Taking into account the country’s needs and national interests, a special credit program is provided for development of atomic energy in the near 10 years,” said Ali Akbar Salehi.

“The contract concluded with Russia stipulates the use of technical capacities, which possesses the Iranian industry,” stressed Salehi. He added that these two power units would let Iran save 22m barrels of oil annually.

Early last month, Energy Minister of Russia, Alexander Novak, said that Iran confirmed the participation of Rosatom State Energy Corporation in the construction project of Bushehr NPP.