October 26, 2016

Iran Begins Construction On 2nd Nuclear Power Plant

The $10 billion nuclear plant is the first since last year’s landmark nuclear deal.

TEHRAN:  Iranian state TV says the country has begun building its second nuclear power plant with Russian help, the first such project since last year’s landmark nuclear deal with world powers.

The project launched today will eventually include two power plants expected to go online in 10 years. Construction on the second plant is set to begin in 2018.

The project will cost around $10 billion and produce 1,057 megawatts of electricity.

Iran’s sole operational nuclear reactor produces 1,000 megawatts and went online in 2011 with Russian help.

Iran has rejected Western allegations that it is seeking nuclear weapons, insisting its atomic program is for entirely peaceful purposes. Under the nuclear deal, it agreed to curb its program in return for sanctions relief.

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