Farab/GE team picked to take Siah Bisheh hydro contract

20 November 2003
A consortium of the local Faraband the French office of GE Power Systemshas been selected as preferred bidder for the plant package on the Siah Bisheh hydropower project. The client, Iran Water Power Development Company (IWPDC), is expected to award the estimated $270 million contract by the end of the year. It is being advised by Moshanir, which like IWPDC is owned by the Energy Ministry. Farab is also partly owned by the ministry (MEED 3:10:03).

The only other group to bid for the project in September was Germany's Voith Siemens Hydro Power Generationwith China's Hydro Electric Company. A third group, consisting of France's Alstomand Italy's Salini, did not participate in the tender.

The contract will involve the installation of four 250-MW turbines at a site located in the Alborz mountains north of Tehran. The dam and civil works for the project are now under construction by the local Kayson Groupin partnership with UK-based Scott Wilson Kirkpatrick.

The project, due for completion by 2008, is a key element in the government's plans to boost power generation capacity. The country is aiming to increase hydroelectric output to 7,000 MW from 3,000 MW over the next three years.

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