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Share Name | Share Symbol | Market | Type |
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Tanzanian Royalty Exploration Corp. Common Stock | AMEX:TRE | AMEX | Ordinary Share |
Price Change | % Change | Share Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
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0.00 | 0.00% | 0.00 | - |
Hungarian energy group MOL Nyrt (MOL. BU) and Czech peer CEZ A.S. (BAACEZ.PR) have announced the launch of a power plant investment in Hungary.
MAIN FACTS:
-The project will be carried out by Tecnicas Reunidas S.A. under commission from MOL-CEZ European Power Hungary Ltd., the investing companies' joint venture.
-The facility will be a cycle gas turbine power plant in central Hungary's Szazhalombatta.
-The project is estimated to cost 600 million euros, 15% less than the original calculations in the feasibility study.
-The investment officially starts in Oct. 2011 with actual constructions scheduled to start at the end of the first half of 2012.
-MOL-CEZ contracted Siemens Zrt. under a long term service agreement on the plant.
-Budapest Bureau, Dow Jones Newswires, +36-1-267-0622; budapest@dowjones.com
1 Year Tan Range Exploratio Chart |
1 Month Tan Range Exploratio Chart |
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