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Toshiba, Orix to Build Geothermal Power Plant, Nikkei Says

Toshiba Corp. and Orix Corp. will build a small geothermal station in Gifu prefecture, the Nikkei newspaper said today.

The companies will invest less than 2 billion yen ($20 million) for the plant, which will have as much as 2 megawatts of capacity, the paper reported, without saying where it got the information.

The plant is expected to start as early as 2015, the Nikkei said.

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