ABB WINS 100 MILLION SWISS FRANC IRAN HYDRO-POWER ORDER.

ABB Power Generation Ltd has won a 100 million Swiss Franc (USD73 million) order for the extension of several hydro-electric power plants in Northern and South-Eastern Iran, according to ABB Switzerland, a division of Swiss-Swedish engineering group ABB Asea Brown Boveri. Construction on the first extension phase is already under way and is due for completion in 2003. The construction programme consists of two extension phases with a total installed power of around 8,000 megawatts. ABB Power Generation won the order for the delivery of the mechanical and electro-mechanical equipment for the project comprising the Karun I...