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Iran has signed an agreement with Indonesia to build 48 hydropower projects in the archipelago.
Iran has signed an agreement with Indonesia to build 48 hydropower projects in the archipelago.
In this regard, Iranian Minister of Energy Hamid Chitchian and Indonesian Coordinating Minister for Economic Affairs Sofyan Djalil have signed the deal.
The south-east Asian country intends to set up small hydro energy generating projects with each having a capacity to produce 1MW to 10MW of power.
Indonesia also plans to develop 48 dams along with the projects, reports Iran’s television network PressTV.
The projects will be a part of a co-operation deal signed by the two Asian nations for development in the fields of industry, investment, trade, customs and banking.
Hamid Chitchian was quoted by Pakistan Defence as saying: "Iranian power plant companies, whose technical capabilities are internationally competitive, could help Indonesia in building power plants.
"Currently, 11,700MW of hydroelectricity is distributed in national grid, which indicate the capabilities necessary for cooperation with Indonesian government to that end."
Besides hydro power, the firms will also cooperate to boost their capabilities in other energy sectors including oil, gas, petrochemical and electrical industries.
According to news reports from November 2014, Indonesia is planning to boost its nuclear power generation with the assistance from Russia.
Russia’s state-run nuclear corporation Rosatom intended to develop a $9bn nuclear power plant (PLTN) project in Batam, Indonesia.
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