Off the wire
• Six killed in Beijing gold mine accident  • Feature: Palestinian refugees yearn for home return after decades of displacement  • Feng Shanshan perfect in Buick championship defense  • Paris to continue promoting peace bid despite Israel's objection: FM  • Roundup: HK business groups tour "Belt and Road" countries for investment opportunities  • Buick championship final scores  • Kenyan campaigners urge greater participation of elderly people in civic affairs  • Flooding causes 59 deaths, 13 missing in China  • Roundup: SA opposition party warns against possible arrest of finance minister  • Russian yacht seized by DPRK due to "misunderstanding": diplomat  
You are here: 　 Home

Iran to build wind park in Kazakhstan to generate electricity: TV

Xinhua, May 15, 2016 Adjust font size:

Iran has agreed to construct a wind park in Kazakhstan to generate electricity, Press TV reported on Sunday.

The agreement was sealed between Iran's Power and Water Equipment and Services Export Company (SUNIR) and Eurasia Invest Group in the capital Tehran on Saturday.

The project also includes the construction of a 50-megawatt wind power plant by the Iranian side in the west of Kazakhstan near the Caspian Sea shores.

According to the report, the Kazakh government will finance the 110-million-dollar project, which is due to be complete in 18 months.

Recently, Iran and Kazakhstan signed a number of agreements in a bid to boost their cooperation in diverse areas.

Iranian President Hassan Rouhani said that during Kazakh President Nursultan Nazarbayev's visit to Tehran in April, Iran and Kazakhstan signed 66 documents for cooperation, worth two billion U.S. dollars, in the public and private sectors. He described the agreements as "turning point" in mutual relations, according to Press TV.

Based on the agreements, Tehran and Astana would join hands in a variety of fields, ranging from technologies, road and rail transport, commerce and environmental protection to prisoner exchanges.

Among the agreements, the two countries signed an MoU to establish a joint shipping company to boost bilateral trade through Iran's northern port of Bandar Anzali and Kazakh port of Aktau, both on the Caspian Sea.

Also, the two nations decided to increase their volume of rail transport through a railroad that links Iran, Turkmenistan and Kazakhstan. Endit