Rurelec says projects are progressing well

Power generation company Rurelec got a boost on Wednesday after reporting that its projects are progressing well.

Power generation company Rurelec got a boost on Wednesday after reporting that its projects are progressing well.

The company has decided to focus on Chile and Peru and said the move comes at a time when both countries "urgently need new generation capacity" and when the regional mining companies are looking for reliable and experienced partners to meet the energy needs of their operations.

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