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TEHRAN -- Iranian Energy Minister Majid Namjou has announced that Tehran has rejected a Chinese contractors bid to construct the worlds tallest arch dam in Iran and has accepted the bid of a domestic contractor.
Iran is planning to build the Bakhtiari Dam on the Bakhtiari River in a valley in the Zagros Mountains on the border between Lorestan and Khuzestan provinces in southwestern Iran.
A government committee and the Central Bank of Iran examined the bid made by Chinas Sinohydro Corporation to build the Bakhtiari Dam and rejected it, Namjou told the Mehr News Agency on Monday.
After the Chinese companys bid was rejected, it was decided that the Khatam-ol-Anbiya Construction Headquarters would build the tallest concrete dam in the world, he added.
Commenting on the procedure of selecting a foreign contractor for a project, Namjou said that first the Energy Ministry considers the bid, and then a government committee reviews it, and if it is approved, the foreign contractor takes over the project.
The Central Bank of Iran also must approve loans and financial instruments for bids for project contracts, he noted.
And the Central Bank of Iran rejected Sinohydro Corporations bid after studying the details it provided on funding and providing financial instruments, he explained.
Afterwards, a memorandum of understanding was signed with the Khatam-ol-Anbiya Construction Headquarters for the construction of the dam, Namjou said.
Upon completion, the 315-meter-high Bakhtiari Dam will have a reservoir capacity of 4.8 billion cubic meters and will include a 1500 MW hydropower plant, reports say.
Khatam al-Anbia (also spelled Khatam ol-Anbia, literally, "Seal of the Prophets" (Arabic: خاتم اﻟﻨﺒﻴﻴﻦ‎ )) is an Iranian engineering firm controlled by the Iranian Revolutionary Guard Corps (IRGC)
Iranian contractor to build worlds tallest arch dam, Chinese bid rejected
Khatam al-Anbia
