VOL. XXXV

NO. 32

11-MAY-1992

Iran

ABB Wins $1.25bn Contract for Karun River Hydroelectric Dam

Iran's Water and Power Resource Development Company (IWPC) has awarded acontract worth $1.25bn to a consortium led by the Swiss engineering firm AseaBrown Boveri for the construction of a 2,000 MW hydroelectric dam on the KarunRiver in southwestern Iran. The Karun-3 facility will be one of the largesthydroelectric plants in the world. Units supplying the first 500 MWs will comeon stream within five years...