Upgrading Memorandum of Understanding for Ramin Ahvaz power plant was signed with cooperation of Russian Power Machines Company
26 Jan 2019
During the discussions between I.R. of Iran Minister of power and Managing Director of Power Machines Company, Upgrading Memorandum of Understanding for Ramin Ahvaz power plant was signed.

According to TPPH Co. Public Relations and International Affairs Office, in the session with was held with the presence of I.R. of Iran and Power Machines Company Managing Director, Mohsen Tarztalab, TPPH Managing Director talked about the detail of this Memorandum of Understanding. He said: “it is a long time that various negotiations has been started between two Companies for upgrading and modernization of Ramin Power Plant and it was supposed financing will be prepared from the Russian government loan for this project.”

He stressed: “our prediction is that about 450 million euros will be the cost of execution fee and some Iranian companies will cooperate with Power Machines Company for upgrading and modernization of Ramin Power Plant.”

While emphasizing that high level of political will between leaders of two countries has been shaped, I.R. of Iran Minister of power mentioned: “there is political will between two sides for cooperation, but the relation between executive and economic managers is dimmer.”

Referring to long term and short term aims of Russian Power Machines Company for cooperating with Iranian important companies in water and power industry, Ardakanian said: “we hope will May 2019 which Joint Commission on Iran-Russia Economic and Commercial Cooperation will be held in Tehran, we will see the operation of today's agreements between Iran important companies in water and power Industry and Russian Power Machines Company.”

 

The president of Joint Commission on Iran-Russia Economic and Commercial Cooperation stressed: “the duty of this commission and Officials of two countries in Tehran and Mosco must be filling the gaps of economic cooperation because current agreements between Iranian and Russian companies will be a common season for decreasing the gaps between two countries’ political and economic relations.”


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