December 3, 2022
1 min read

Iran starts construction of $2 bn nuclear power plant

Iran plans to spend $1.5 to 2 billion and eight years to build the Karoon plant…reports Asian Lite News

Iran began on Saturday the construction of a new nuclear power plant in its southwestern province of Khuzestan.

Mohammad Eslami, the head of the Atomic Energy Organization of Iran, and some local officials witnessed the start of construction of the 300-megawatt Karoon nuclear power plant, which will install a pressurised light water reactor that uses 4-per cent enriched uranium oxide as the fuel, Xinhua news agency reported, citing a Nour news agency report.

Iran has started building nuclear power plants at “a high speed”, Eslami said, adding the Karoon plant will help Iran reach the goal of increasing the share of nuclear energy to about 20 per cent of the overall electricity basket.

Iran plans to spend $1.5 to 2 billion and eight years to build the Karoon plant, according to Nour news agency.

The 1,000-megawatt Bushehr nuclear power plant, which is the first civilian nuclear power plant in Iran, began supplying electricity in September 2011 with the cooperation of Russia.

ALSO READ: Iran irked over French resolution

Previous Story

Indian Navy to showcase combat prowess in memory of Operation Trident

Next Story

Ready to fight back if India attacked: Pak army chief

Latest from -Top News

Hegseth Cuts Deep

US Defense Secretary Hegseth abruptly fired Navy Chief Jon Harrison in a major Pentagon shake-up….reports Asian Lite News US Defense Secretary Pete Hegseth abruptly dismissed Jon Harrison, the Navy Chief of Staff,

Japan Set for First Female PM

Takaichi, 64, defeated Agriculture Minister Shinjiro Koizumi in a closely contested runoff vote, succeeding Prime Minister Shigeru Ishiba as party leader….reports Asian Lite News Former Internal Affairs Minister Sanae Takaichi has won

Babiš Back!

A self-described “Trumpist,” Babiš celebrated what he called a “historic result” and the “absolute peak” of his political career….reports Asian Lite News Populist billionaire Andrej Babiš has secured a comeback victory in

UK Space Agency Goes Global

The space funding boost, announced during the International Astronautical Congress (IAC) in Sydney, demonstrates the UK’s commitment to international partnerships…reports Asian Lite News This is the second round of projects from the

Tommy Robinson to Visit Israel

The invitation comes from Amichai Chikli, Israel’s minister for the diaspora and combating antisemitism, who described Robinson as a “courageous leader on the front line against radical Islam…reports Asian Lite News An
Go toTop

Don't Miss

UK, allies move to reimpose UN sanctions on Iran

The decision, announced in a letter to the UN Security

Anti-Taliban leader in Iran to talk inclusive govt

Ahmad Massoud, the leader of anti-Taliban resistance front, has reportedly