TEHRAN – Germany’s Siemens is in talk with Iran for cooperation in manufacturing power transformers in the country, Tasnim quoted an Iranian official as saying on Friday.

“A final contract will be signed within two months based on which a power transformer manufacturing plant will be constructed jointly by the two sides,” Arsalan Fathipour, a member of the Electrical Industry Syndicate of Iran, announced.
According to Fathipour, the primary agreement was signed in Germany and Siemens agreed to cooperate on the manufacturing of the electrical equipment in Iran under the company’s license.

EF/MA