Sinohydro Group

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"). 

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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.

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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”). 

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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.

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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.  

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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. 

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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.  

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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.

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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.”  

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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.

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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."

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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.

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"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)

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"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)

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"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)

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