Aran va Bidgol, Kashan, Aug 15, IRNA – Negotiations are underway for construction of large solar power plant in Aran va Bidgol city of Kashan with South Korean firm of ABP International worth euro 350 million, Governor of Aran va Bidgol Ahmad Reza Saeedi said on Monday.
Representatives of the South Korean company met with local officials in the city to sign the deal for construction of the solar power plant.
Spokesman of Aran va Bidgol city council Abolfazl Moeeninejad said they will allocate land for construction of the power plant to be accomplished within three months.
Over 320 days in the city is sunny encouraging the South Korean company to conduct feasibility study on the project which is to be kicked off in the near future, he said.
The solar power plant is to generate 100 megawatt electricity with 25 years guarantee of the South Korean company and after six years it will be handed over to the Iranian partner.