Shanghai Daily
Mar 15,2011
CHINA signed a US$2 billion contract with Iran to build the world's tallest dam in the Islamic state, the Iranian energy minister was quoted as saying by the official IRNA news agency yesterday.
"One of the major events in the water sector of the country is to sign the finance contract with China for execution of Bakhtiari dam. This is the world's tallest dam," Majid Namjoo told IRNA. "The US$2 billion contract... was signed between Iran and China today and construction of the dam will start in the next Iranian year." Iranian new year starts on March 21.
Chinese firm Sinohydro Corp and Iranian counterpart Farab will jointly build the dam in Iran's western province of Lorestan.
The dam would be 315 meters high, holding Iran's largest reservoir of about 4.8 billion cubic meters. The project will support a 1,500-megawatt hydroelectric power station.