S. Korea to invest in Iran's solar power plant project
TEHRAN, Feb. 24 (Xinhua) -- South Korea will invest in the construction of a solar power plant in Zarandieh county in central Iran, official IRNA news agency reported on Saturday.
The power plant with a production capacity of 17 megawatts of electricity will be constructed in 15 months.
The Korean side will finance 44 million U.S. dollars, which amounts to 70 percent of the total investment, and the Iranian side will undertake the rest, he said.
On the day, a South Korean delegation visited the solar power plant site in Markazi province, the official with the Zarandieh Governorate, Mohammad Ghanati, told IRNA.
An area of 28 hectares has been allocated for the implementation of the project, Ghanati was quoted as saying.