Iran’s Vaezi, Russia’s Novak to Meet in Moscow Monday: Report


Iran’s Vaezi, Russia’s Novak to Meet in Moscow Monday: Report

TEHRAN (Tasnim) – Iran's Minister of Communications and Information Technology Mahmoud Vaezi and Russian Energy Minister Alexander Novak are planned to hold talks in Moscow on Monday, a report said.

According to the report carried by Sputnik on Monday, Novak will host the Iranian minister in the Russian capital.

"They will hold a meeting today," a spokeswoman for Russia’s Energy Ministry said.

The two sides are expected to discuss the construction of a thermal power plant (TPP) in Iran, the report added.

Back in December, an Iranian holding company and Russia’s Technopromexport engineering company signed an agreement to build the power plant. 

The construction is expected to take four and a half years. The deal includes four 350-megawatt energy blocks and a desalting facility with a daily capacity of 200,000 cubic meters.

Funds for construction will be provided within the framework of a €1.2 billion ($1.27 billion) export loan extended by Moscow to Tehran for five years.

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