€1,800 Billion Funding Initiates Construction on 2nd Bushehr Nuclear Reactor

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€1,800 billion funding kicks off construction for 2nd Bushehr nuclear reactor for the Bushehr nuclear facility. Head of the Atomic Energy of Organization of Iran (AEOI) Mohammed Eslami, said that the government’s support has accelerated the construction of the two nuclear reactors under deals worth 1,800 billion. The head of the organization also added that the construction of the second and third nuclear reactors has increased exponentially compared to earlier years. He added that the work progress is moving according to schedule as those involved are working round the clock in three shifts.

The Iranian government hopes that the second unit will be completed and operational in less than five years, as plans for the construction of the third unit and its completion a year and a half later are still in sight. Iran’s 1000-megawatt Bushehr nuclear facility was built by Russia after years of delay and was officially handed over to the Iranian government in September, 2013. Over the years, the nuclear facility has produced a total of 60 billion kilowatt hours of electricity, including 7 billion kw/h last year.

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2nd and 3rd Bushehr Nuclear Reactors to Save The Country $1,600 billion m3  of Gas Yearly.

The  engineer in charge for the construction of the second and third Bushehr reactors said that once the reactors are in full operation, they will save the country $1600 billion dollars cubic meters of gas and 10 million barrels of oil per year. The construction and completion of the two reactors will also avert the emission of 7 million tons of toxic gases. Iran has made immense progresses and achievements over the past years despite the many hurdles it has had to face in their goal of harnessing nuclear energy. The country has closely been cooperating with other nuclear organizations and entities such as IAEA (International Atomic Energy Agency) as a signatory to the Nuclear Non-Proliferation Treaty