The model selected for this "Generation 2.5" nuclearpower plantisbasedonthe one currently being installed at Ling Ao2extensionproject, under a contractsigned in May 2005.
Iran is determined to develop nuclear energy and has a contract with Russia to finish a half-built, German-designed nuclear-power plant in the port of Bushehr on the Persian Gulf.
After a sharp runup in the early 1990s, shares skidded sideways from 1993 to 1995 amid concerns about Enron's Dabhol powerplant in India--which has since shut down--and a disastrous gas-purchase contract in the North Sea.