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According TPPH Co. Public Relations and International Affairs Office, Reza Ardakanian, I.R. Iran Minister of Power said in the sideline of the ceremony for construction operation of water and power industry projects in Torbat-e Heydarieh: “the construction operation of Rashed Power Plant in Torbat-e Heydarieh with 500 Mw capacity has been started and this unit has important role in preparing needed energy for the region and increasing capacity. Naturally any investment in the different industrial section of the region needs such a capacity. This investment also is very important in field of energy export to the neighboring country.”

Mohsen Tarztalab, Managing Director of TPPH Co. said in the same ceremony: “At the same time as starting the 40^th anniversary celebration of glorious victory of Islamic Revolution and in the presence of Minister of Power, the construction operation of Rashed CCPP Power Plant in Torbat-e Heydarieh with 522 Mw capacity is started.”

He added: “the power plant will include two gas units, each with 176 Mw capacity and one steam unit with 170 Mw and it is estimated it will be synced to the national grid till 1400 year.”

Tarztalab mentioned the aim for construction of this power plant is preparing sustained and stable power in national power grid especially in Razavi Khorasan Province and continued: “this project will be constructed by the investment of Tamin-e Atieh Institute for the Employees of the Electricity Industry in Khorasan and Electricity Credit Cooperative of Khorasan on a site of 500 hectares.”

While mentioning that MAPNA Group in contractor of the project, he said: “Bank of Industry and Mine as agent bank has been approved by the National Development Fund for the allocation of 215 million dollars in 1396.”

It is mentionable Torbat-e Heydarieh Rashed CCPP Power Plant in Razavi Khorasan Province will be constructed in 12 kilometers of Torbat-e Heydarieh and Mashhad road.