Iran to build power plant in Sri Lanka

[Tuesday, November 27, 2007 - 4.30 GMT]
 

Iran has agreed to build a 150-megawatt electricity power plant in Sri Lanka. This was declared by Mr. Parviz Rezayi Deputy of Iran's Trade Promotion Organization (TPO). President Mahinda Rajapakse arrived in Tehran on Monday for a 3-day official visit.

During the last year the total value of the trade transaction between Sri Lanka and Iran is around $ 730 million.

Iran is one of the main buyers of Sri Lankan tea and Iran supplies more than 70 percent of the crude oil Sri Lanka needs.


 

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Last Updated Date: November 27, 2007 - 4.30 GMT