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Clal to Expand Power Plant, Sell Electricity, TheMarker Reports

Dec. 7 (Bloomberg) -- Clal Industries & Investments Ltd. plans to spend as much as $80 million to expand a power plant at Nesher Israel Cement Enterprises Ltd., TheMarker reported, without saying where it got the information. The company plans to sell the additional power generated to private customers in the area or to the electricity grid, the newspaper said.

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To contact the editor responsible for this story: Alisa Odenheimer at aodenheimer@bloomberg.net

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