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"Construction of the plant is estimated to cost €1.2bn, according to an agreement signed last year. Russia will finance 85% of the costs via an export loan from Moscow to Tehran, with a five-year tenor, while the remaining will be covered by Iran, reports Russian media outlet Sputnik. Russia’s Technopromexport, part of the state-owned industrial conglomerate Rostec, and Iran’s Thermal Power Plants Holding Company (TPPHC) will manage the development of the plant. Construction is expected to take four and a half years and will include 350MW energy blocks and a desalting facility with a capacity of 200,000 m3 per day." (March, 2017).


"MOSCOW (Sputnik) – Moscow and Tehran reached a preliminary agreement in November 2015 to allocate a $5-million loan to Iran, part of which the head of Rostec state technologies corporation said would be used by Technopromexport to construct a thermoelectric power plant in Iran. Rostec is Technopromexport's parent company."


"Russia's Technopromexport is negotiating to build five power plants in Iran's East Azarbaijan province. Two power plants, each with 450MW output, two power plants, each with 350 MW output, and one power plant with 125 MW output, will be built if the company reaches an agreement with the Energy Ministry of Iran, Iran's Mehr news agency reported on June 29. 'Russia and Iran may sign an intergovernmental agreement this year on building from four to eight nuclear reactors, and, under the deal, the contract for the construction of the first two reactors as additions to Bushehr [nuclear power plant],' a source informed of the contract's negotiation process told Reuters on May 22."  (Trend, "Russia’s Technopromexport negotiating to build power plants in Iran," 6/29/14)