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Israeli Corporation Allocates Funds for Research on Nuclear Power Station

August 5, 1963
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The Israel Electric Corporation today allocated 250,000 pounds ($83,000) for the initial research and survey work on the setting up of an atomic energy power station in Israel.

The decision was made at a meeting of the company’s board of directors, at which Development Minister Yosef Almogi presided. The Government, which holds shares in the corporation, is represented on the board.

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