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SINOHYDRO GROUP

 * 
 * 

Industry: Construction, Energy
Country: China
website: http://eng.sinohydro.com/
Sources:

In January 2021, the State of New Jersey Department of the Treasury listed
Sinohydro as a company engaged in prohibited activities in Iran pursuant to P.L.
2012, c. 25 ("Chapter 25"). 

--

On October 14, 2020, Sinohydro remained on the Tennesse Department of General
Services list of persons it determines engage in investment activities in Iran,
as described in 12-12-105.

--

As of July 1, 2020, Sinohydro is listed as an entity “determined, based on
credible information available to the public, to be engaged in prohibited
activities in Iran pursuant to New Jersey P.L. 2012, c.25 (“Chapter 25”). 

--

In 2020, the U.S. state of Mississippi listed Sinohydro on its state lists of
Companies Doing Business with the Iranian Petroleum/Natural Gas, Nuclear and
Military Sectors, rendering it ineligible for investment and/or state
contracting.

--

As of June 8, 2020, Sinohydro is listed on the Pennsylvania Department of
General Services Iran Free Procurement List. Entities included on this list are
ineligible to enter into a contract with the Commonwealth of Pennsylvania for
goods and services worth at least $1,000,000 per sections 3501-3506 of the
Commonwealth Procurement Code, 62 Pa. C.S. §§ 3501-3506.  

--

As of April 15, 2020, Sinohydro is included on the Tennessee list of persons it
determines engage in investment activities in Iran, as described in §
12-12-105. 

--

As of April 15, 2020, Sinohydro is included as an entity determined to be
non-responsive bidders/offerers pursuant to The New York State Iran Divestment
Act of 2012.  

--

On June 30, 2019, New Jersey listed Sinohydro on its state list of entities
determined, based on credible information, to be engaged in prohibited
activities in Iran.

--

On March 13, 2019, the Mississippi Department of Finance & Administration
identified Sinohydro as a company “engaged in investment activities in Iran,
providing funds, goods or services valued at $20,000,000 or more in the energy
sector of Iran.”  

--

In 2018 the U.S. state of New Jersey, New York listed Sinohydro on its list of
entities determined to be engaged in prohibited activities in Iran rendering
Sinohydro ineligible for investment and/or state contracting.

--

In 2018 and 2019 Tennessee used the New York list of “Entities determined to be
non-responsive bidders/offerers pursuant to the New York State Iran Divestment
Act of 2012.” Sinohydro was included on this list in 2018 and 2019. Tennessee
states "Inclusion on this list would make a person ineligible to contract with
the state of Tennessee, if a person ceases its engagement in investment
activities in Iran, it may be removed from the list."

--

In 2017 the U.S. state of Pennsylvania, Mississippi listed Sinohydro on its list
of companies doing material business with Iran rendering Sinohydro ineligible
for investment and/or state contracting.

--

"China's Sinohydro Group said it has not received any written notification that
Iran has cancelled a $2 billion contract for it to help build a hydroelectric
dam in the country... Sinohydro won the project with Iran's hydro firm Farab in
March last year." (Reuters, "China's Sinohydro says no notification of Iran dam
cancellation," 6/4/2012)

--

"On 15th March 2011, SINOHYDRO signed the nearly $2 billion contract of Iran's
Bakhtiary Dam and Hydropower Plant Project with Iran Water & Power Resources
Development Company in Tehran. The Project is located on the lower part of
Bakhtiary river in Lorestan Province, Zagros folded area, Iran. The total
installed capacity is 1,500 MW. Bakhtiary dam is a planned double-curve arch dam
with a height of 315m. It will be the world's tallest dam once completed and
withhold the largest reservoir in Iran. After competitive tendering process,
SINOHYDRO and Iran's Farab jointly won the project. The contract period is set
to 118 months." (Sinohydro Press Release, "Sinohydro Signed the Contract to
Build Iran's Bakhtiary Project," 3/15/2011)

--

"Iranian and Chinese officials will sign a $2 billion agreement for the
construction of a dam and a power plant in Iran's western province of Lorestan,
Press TV reported. The agreement will be signed between Sinohydro Corp., China's
largest water projects developer, and Iran's Farab, the state-run news channel
said, citing Mohammad Reza Rezazadeh, the managing director of Iran's Water and
Power Resources Development Co. The contract will be completed this week and
operations are to start in the next Iranian calendar year, which starts on March
21, according to the report, published on Press TV's website today." (Bloomberg
News, "Chinese to Build $2 Billion Iran Dam, Power Plant, Press TV says,"
3/14/11)

--

 

"On 29th September, SINOHYDRO signed the contract of Moshampa Dam & Power Plant
and Irrigation Network with The Ministry of Energy of Islamic Republic of Iran,
Zanjan Regional Water Company. With a total installed capacity of 108MW and a
considerable contract value of RMB 10.04 billion (equal to around USD 1.5
billion), the Moshampa Dam & Power Plant and Irrigation Network is included in
the package cooperation agreements between China and Iran. The project is also
one of the most urgent projects required to be built by Iranian energy ministry"
(Sinohydro Press Release, "Sinohydro is to Construct Moshampa Dam & Power Plant
and Irrigation Network in Iran," 9/29/2011) 


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