Iran starts building own-brand nuclear plant
6 December 2022
Iran broke ground on a nuclear power plant in the country’s southwestern Khuzestan region on Saturday, state news agency PressTV reports.
The Karun plant will be located on a 50ha site and is expected to take eight years to build at a cost of around $2bn.
Mohammed Eslami, head of Iran’s Atomic Energy Organisation, said: “The government is moving towards the production of low-cost energy and fuel, therefore the development of nuclear power plants is on the agenda of this organisation.”
The reactor will be of the pressurised water type and will generate up to 300MW of electricity. Eslami said the project would be the first of a number of small nuclear stations that would eventually account for up to 20% of Iran’s installed capacity.
According to PressTV, the plant will be built using Iranian technology. It said: “In recent years, Iranian scientists have made remarkable progress in the field of peaceful nuclear technology despite the tough sanctions imposed by the West.”
Iran presently has one nuclear power plant at its southern port of Bushehr that went online in 2011 with help from Russia.
Related
-
South Africa approves six solar projects totaling 1,290 MW
25 July 2025
-
Saudi Arabia Invites PQ for Strategic Reservoirs and Water Transmission Systems on PPP model
25 July 2025
-
Masdar, Iberdrola achieve financial close for $6.1bln East Anglia THREE Offshore wind project
25 July 2025
-
MGC, Lantania Consortium awarded $544 million Jubail Desalination Plant Contract
24 July 2025
-
Israel approves rooftop solar on public sports facilities
24 July 2025
-
Telecom giant Viettel proposes $317 mln wind project in central Vietnam
24 July 2025