Sinohydro Group

Construction, Energy
China

In 2018 the U.S. state of New Jersey, New York listed Sinohydro on its list of entities determined to be engaged in prohibited activities in Iran rendering Sinohydro ineligible for investment and/or state contracting.

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In 2017 the U.S. state of Pennsylvania, Mississippi listed Sinohydro on its list of companies doing material business with Iran rendering Sinohydro ineligible for investment and/or state contracting.

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"China's Sinohydro Group said it has not received any written notification that Iran has cancelled a $2 billion contract for it to help build a hydroelectric dam in the country... Sinohydro won the project with Iran's hydro firm Farab in March last year." (Reuters, "China's Sinohydro says no notification of Iran dam cancellation," 6/4/2012)

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"On 15th March 2011, SINOHYDRO signed the nearly $2 billion contract of Iran's Bakhtiary Dam and Hydropower Plant Project with Iran Water & Power Resources Development Company in Tehran. The Project is located on the lower part of Bakhtiary river in Lorestan Province, Zagros folded area, Iran. The total installed capacity is 1,500 MW. Bakhtiary dam is a planned double-curve arch dam with a height of 315m. It will be the world's tallest dam once completed and withhold the largest reservoir in Iran. After competitive tendering process, SINOHYDRO and Iran's Farab jointly won the project. The contract period is set to 118 months." (Sinohydro Press Release, "Sinohydro Signed the Contract to Build Iran's Bakhtiary Project," 3/15/2011)

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"Iranian and Chinese officials will sign a $2 billion agreement for the construction of a dam and a power plant in Iran's western province of Lorestan, Press TV reported. The agreement will be signed between Sinohydro Corp., China's largest water projects developer, and Iran's Farab, the state-run news channel said, citing Mohammad Reza Rezazadeh, the managing director of Iran's Water and Power Resources Development Co. The contract will be completed this week and operations are to start in the next Iranian calendar year, which starts on March 21, according to the report, published on Press TV's website today." (Bloomberg News, "Chinese to Build $2 Billion Iran Dam, Power Plant, Press TV says," 3/14/11)

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"On 29th September, SINOHYDRO signed the contract of Moshampa Dam & Power Plant and Irrigation Network with The Ministry of Energy of Islamic Republic of Iran, Zanjan Regional Water Company. With a total installed capacity of 108MW and a considerable contract value of RMB 10.04 billion (equal to around USD 1.5 billion), the Moshampa Dam & Power Plant and Irrigation Network is included in the package cooperation agreements between China and Iran. The project is also one of the most urgent projects required to be built by Iranian energy ministry" (Sinohydro Press Release, "Sinohydro is to Construct Moshampa Dam & Power Plant and Irrigation Network in Iran," 9/29/2011)