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Three cooperation memoranda of understanding were signed on November 11 during Iran's 19th International Rail Transport Conference in Tehran. The agreements cover building solar power plants on railway land, supplying 36 battery-powered locomotives, and refurbishing 24 out-of-service locomotives. They were signed in the presence of the Minister of Transport and Urban Development, according to the Tehran Times. No financial terms were reported.

1 outlet · 1 article · first seen Nov 11, 7:00 AM ET

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