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Iran Water and Power Resources Development Co. > News > china Investment Contract in Roodbar-e- Lorestan Dam and Power Plant Approves  

News: china Investment Contract in Roodbar-e- Lorestan Dam and Power Plant Approves

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china Investment Contract in Roodbar-e- Lorestan Dam and Power Plant Approves 

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Iran-China cooperation contract  on Roodbar-e- Lorestan Dam and Power Plant was  approved by Departments of Commerce, Finance and Foreign Affairs of China, and will soon be authorized by China State Commission, headed by the country’s Prime Minister.
Announcing the news, Seyed Mohammad Reza Rezazadeh ,Managing Director of Iran Water and Power Resources Development Company said: “In the recent visit of an Iranian delegation, led by Deputy Minister of Energy in Water Affairs with China Export & Credit Insurance Corporation (SINOSURE) ,Roodbar-e- Lorestan Dam and Power Plant plan was announced as the first project to use the new credit lines between Iran and China ,while the inception of the project is of a great importance in the  current international political situation.
Eng. Rezazadeh emphasized that Islamic Republic of Iran has undertaken all measures to achieve the legal authorities for issuing permits, as well as reaching coordination with the banking system, thus the project is supposed to be commissioned before the New Iranian Year (Starting on March) as soon as the warranty is issued, and  pre-payment is undertaken by the Chinese.
On his part, Managing Director of SINOSURE assured that based on the policies of the country, the projects will be ensured that are approved by the government of China.
“The agreements of all relevant ministries such as Foreign Affairs, Commerce and Finance in China are achieved for Roodbar-e- Lorestan project , thus in less than coming 15 days, the project will be approved by China State Commission, headed by the country’s Prime Minister, so that the possibility of activating pre-payments will be provided.”
The physical development of Roodbar-e- Lorestan Dam and Power Plant’s executive operations has reached to 39 percent as of January, and based on the time table, the project will come to operation in 2014.
Roodbar-e- Lorestan Dam, as the highest hydro structure, is under construction on Dez River branches in Lorestan Province.
Likewise, Roodbar-e- Lorestan Hydroelectric Power Plant, with 450 MW capacity, has two 225 MW units with a total generation capacity of 986 million kilowatt hours of energy per annum.
Besides, the feasibility studies of constructing a pumped storage power plant, with a capacity of 1000 to 1500 MW , is undertaken for the plan and upon obtaining the required permissions from the relevant sources ,the project will be implemented.
With 158 m height, Roodbar-e- Lorestan Dam, is under construction on the branches of East Dez River, 100 km South of Aligoodarz City, Lorestan Province.

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Content Type: Announcement
Created at 3/1/2011 2:28 PM  by mohammad-alireza 
Last modified at 3/1/2011 2:35 PM  by mohammad-alireza 
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