Iran and Russia have signed an agreement to build two new nuclear power plants in Iran’s southern city of Bushehr, President Hassan Rouhani announced yesterday.

The deal was made during Rouhani’s official two-day visit to Russia to meet his counterpart Vladimir Putin in Moscow.

“We have signed an agreement with Moscow to build two new units at the Bushehr nuclear plant,” Rouhani was quoted as saying by Russian state media.

Read more: Iran intends to build two new nuclear power stations

Iranian vice president and head of the country’s Atomic Energy Organisation, Ali Akbar Salehi, announced last year that his country plans to build two new nuclear units at the Bushehr nuclear plant, south of the country, in cooperation with Russia.

At the time, Salehi pointed out that the construction process would take 10 years, at a cost of $10 billion.