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Marubeni, Italy's Enel team on Asian power plants

TOKYO -- Japanese trading house Marubeni and Italian energy producer Enel Group have agreed to jointly develop power plants in Asia.

The two companies inked a memorandum of understanding and aim to win two orders by 2018. They plan to construct and operate fossil fuel and geothermal plants primarily in Indonesia, which is launching a large-scale plan to develop resources for electricity generation, and also in countries such as Myanmar and Vietnam.

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