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Sanctions create no problem for Hormuzgan plant

According to Russian media Tass, Chemezov made the remarks Saturday on the sidelines of St. Petersburg meeting held in Russia.

Using Russian equipment has been planned in this project, he said.

Four 350-MW blocks will be constructed in Hormuzgan plant and will produce 1400 MW power, he added.

Iran and Russia signed agreement for constructing thermal power station in Hormuzgan.

Technoprom Innovation Corp. is the contractor of the plan.

Based on the contract, Russia will build 1400-MW plant in Bandar Abbas which will be equipped with desalination system.

Rostec is a Russian state corporation established in late 2007 to consolidate strategically important companies with the ultimate goal of capitalizing them and bringing them to an IPO.

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