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Iran to issue $0.5 billion bonds to implement 17 power projects

Business Materials 3 July 2011 21:54 (UTC +04:00)

Azerbaijan, Baku, July 3/Trend/

Iranian Cabinet approved issuing $505 million bonds for implementation of 17 power projects including transferring electricity projects and completing the power plant operations, Mehr news reported.

The bill was submitted by first VP Mohamamd Reza Rahimi to President Mahmoud Ahmadinejad for final approval.

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