Russia and Iran Sign $25 Billion Deal for Four New Nuclear Power Plants Amid Imminent UN Sanctions

Sep 26, 2025 08:54 pm CST

Iran and Russia have finalized a $25 billion agreement to build four nuclear power plants in Sirik, Hormozgan, each with a capacity of 1,255 megawatts. This deal comes just before the reimposition of UN sanctions triggered by European nations claiming Iran's non-compliance with the 2015 nuclear accord. Iran currently operates only one nuclear power plant in Bushehr, which provides just a fraction of the country's energy needs.