VOL. XLI
No. 27
6-July-1998
IRAN
Iran And Italy Sign Agreement On Power Plant Construction
The Iran Power Development Company on 1 July signed a preliminary agreement withAnsaldo Energia of Italy for the construction of a 320-megawatt power plant in the Iranianport city of Bandar Abbas. Ansaldo Energia is the energy branch of Italy's state-ownedFinmeccanica-Ansaldo group. The deal is worth $400mn and was signed during a two-day visitto Iran by Italian Prime Minister Romano Prodi on 30 June-1...
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