27 Nov 2024
Saturday 2 November 2019 - 16:53
Story Code : 362684

Iran strikes initial deal to rebuild Syrian power grid

Iran strikes initial deal to rebuild Syrian power grid
Reuters - Iran signed a preliminary agreement with Syria on Saturday to help rebuild the Arab allys electricity grid, Iranian state media reported, as Tehran seeks a deepening economic role after years of the Syrian conflict.

A memorandum of understanding signed by the two countries electricity ministers in Tehran covered the construction of power plants, transmission lines, cutting losses in Syrias electricity network, and the possibility of connecting the two countries grids through Iraq, the state news agency IRNA said.

The report did not give the value of the deal. IRNA quoted Syrian Electricity Minister Mohammad Zuhair Kharboutli as saying the countrys grid had suffered damages of 50 percent and that Irans role is important in the reconstruction.

Shunned by Western powers, the Syrian government has looked to friendly states such as Iran, Russia and China to play a major role in rebuilding the country, as the war heads toward its ninth year.

Since at least 2012, Iran has provided critical military support to Syrian President Bashar al-Assads government, helping it regain control of swathes of the country. Iran experts have said Tehran is now hoping to reap a financial dividend.


Reporting by Dubai newsroom; Editing by Clelia Oziel





 
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