AKIPRESS.COM - Iran’s Power and Water Equipment & Services Export Company (SUNIR) and Kazakhstan's Eurasia Invest Group have signed an agreement on the construction of a wind park in Kazakhstan in Tehran on Saturday, Press TV reports.

The deal will require the Iranian side to build a 50-megawatt wind power plant in Kazakhstan’s west near the country’s Caspian Sea shores, IRNA reported.

The Kazakh government will finance the 110 million dollar project, SUNIR’s first major so far this year, which is due to complete in 18 months.