Iran and China are to ink cooperation deal for construction of Bakhtiari Dam in Iran, which would be the tallest concrete dam in the world, the managing director of Iran Water and Power Resources Development Company (IWPCO) stated.
Mohammadreza Rezazadeh said that a delegation headed by Deputy Energy Minister Mohammadreza Attarzadeh has recently travelled to China and held negotiations regarding the financial supply of Bakhtiari dam and power plant project.
Moreover, it is of great primacy to use a credit line between the two countries for supplying the fund required for the greatest concrete dam project, the official added.
Sinohydro Corporation has a historical precedence in construction of large dams and has cooperated with Iranian companies in the past, Rezazadeh mentioned.
The two sides agreed to settle different issues so as to ink the contract by March 15.
Bakhtiari Dam is to be an arched dam on Bakhtiari River within Zagros Mountains, southwest of Iran.
The Bakhtiari dam will have the reservoir capacity equivalent to 4.8 billion cubic meters.