Code: 829597 A

Iran signed a preliminary agreement with Syria on Saturday to help rebuild the Arab ally's electricity grid, 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 Syria's electricity network, and the possibility of connecting the two countries' grids through Iraq.

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

Iran experts have said Tehran is now hoping to reap a financial dividend.

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Syrian power grid
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