Middle East Economic Survey

VOL. XLVIII

No 30

25-July-2005

Iran

Iran To Develop 300MW Hydropower Scheme In Zimbabwe

Farab Company, an engineering contractor affiliated to Irans Ministry of Energy, signed an agreement in Harare on 20 July with the Zimbabwe Electricity Supply Authority (ZESA) for the construction of a hydropower scheme in Zimbabwe. The $200mn contract calls for Farab to build a two-unit power plant at Kariba with a combined capacity of 300mw, and will be the largest power project to...