JICA to Finance two Iranian Power Plants

By John Lee.

The Thermal Power Plants Holding Company has reportedly signed an agreement with the Japan International Cooperation Agency (JICA) for two power plants in Iran.

Managing Director Mohsen Tarztalab said the agreement covers the Shahid Mofateh and Shahid Rajai power plants.

He added that JICA’s estimated facilities for the two plants is $800 million.

(Source: MNA)

(Picture credit: Tasnim, under Creative Commons licence)

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