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Chinese company to finance Iranian coal plant

Business Materials 12 July 2012 16:06 (UTC +04:00)

Azerbaijan, Baku, July 12/Trend M. Moezzi

A Chinese company has invested $500 million in an Iranian coal plant. The IRIB news website reports the plant will be built near the town of Tabbas in Yazd Province and will have the capacity to produce 650 megawatts of electricity. The $570 million plant is to be built in six years.

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