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Member of the Iranian parliament's National Security and Foreign Policy Commission Avaz Heidarpour said that the facility will serve civil purposes.
"It will be located in Isfahan province, and will be launched in three years' time," he said.
Iran says its nuclear program is a peaceful drive to produce electricity so that the world's fourth-largest crude exporter can sell more of its oil and gas abroad. Tehran also stresses that the country is pursuing a civilian path to provide power to the growing number of Iranian population, whose fossil fuel would eventually run dry.