Wednesday, March 26, 2008

Iran to build power plant in Nicaragua

http://www.liveleak.com/view?i=599_1205389628

Iran to build power plant in Nicaragua
Thu, 13 Mar 2008 05:38:17


Iran will build a power plant in Nicaragua.
Nicaraguan Energy Minister Emilio Rappaccioli says Iran has approved financing to construct a power plant in the Central American country.

An Iranian firm will build the hydroelectric project which is expected to cost $120 million, Reuters reported on Thursday.

The construction of the power plant is expected to be finished by 2011.

Despite US warnings, the Nicaraguan President Daniel Ortega has developed strong ties with Iran and Venezuela.

The Venezuelan President Hugo Chavez has also sent large electricity generators to Nicaragua this year that have helped shorten the blackouts in the country.

MGH/RA

www.presstv.com

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SOCIALIST HILLARY STRIKES AGAIN!

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