Farab Company
Farab Company is a Tehran-based private joint-stock engineering, construction and project-management contractor founded in 1992. It serves power, water, oil and gas, petrochemical, rail and civil infrastructure projects in Iran and selected international markets. Farab matters as a potential EPC, O&;M and delivery partner for long-cycle infrastructure programmes.
Market position
Farab is a multi-sector Iranian engineering and construction contractor that began in hydropower and expanded into thermal power, water, oil and gas, petrochemicals, rail and civil works.
Operations & footprint
Products and services
Farab Company provides EPC, EPCF, BOT, project management, construction, operation and maintenance, and engineering services across hydropower plants, thermal power plants, renewable energy, water treatment, desalination, rail projects, oil and gas facilities, petrochemical projects, smart grids, tunneling, and civil infrastructure.
Operations and assets
Farab delivers technical and engineering services through more than 15 specialised companies. Its operating scope includes power-generation projects, water-treatment and desalination plants, industrial facilities, railway work, civil construction, smart metering and power-plant operation and maintenance.
Geographic footprint
Headquartered in Tehran, Iran, with representative offices in Kenya and Tajikistan. Farab has undertaken international work including the Uma Oya Hydropower Project in Sri Lanka and phase two of Iraq’s 320 MW Al-Sadr Thermal Power Plant.
Ownership & group structure
Ownership
Private joint-stock company.
Subsidiaries and group companies
Farab Operations and Maintenance Company; Farab Construction Company; Farab Oil and Gas Company.
Commercial and investment relevance
Farab is relevant for investors assessing Iran's EPC market, power-sector execution capacity, water and desalination infrastructure, hydropower, rail projects, smart grid deployment, and industrial project delivery. It can support analysis of contractor depth, public procurement, energy and water bottlenecks, O&;M demand, and opportunities linked to infrastructure modernization. Due diligence should review active contracts, public-sector payment risk, sanctions exposure, foreign technology dependence, equipment procurement, project delays, performance guarantees, and financial capacity to execute large multi-year infrastructure projects. The company is a potential EPC, construction, engineering and O&;M counterparty for power, water and industrial infrastructure programmes. Its sector coverage is relevant to equipment vendors, specialist subcontractors and project partners seeking access to Iranian infrastructure execution capability.
Constraints, risk & compliance
Key risks and constraints
Large infrastructure contracts expose Farab to project-execution, procurement, performance-guarantee and counterparty-payment risk. Delivery across power, water and industrial projects can also depend on specialist equipment and long-lead supply chains.
Sanctions and compliance considerations
Its Iranian base and work in energy, power and industrial infrastructure require transaction-specific sanctions and export-control screening of the company, counterparties, equipment, financing and project jurisdictions.
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Frequently asked questions
Direct answers to the questions most likely to arise when reviewing this profile.
What does Farab Company do?
Farab provides engineering, construction and project-management services for power, water, industrial, rail and civil infrastructure, alongside power-plant operation and maintenance.
Where is Farab Company headquartered?
Farab is headquartered at 41 Shahid Shahamati Street, Valiasr Square, Tehran, Iran.
Does Farab work outside Iran?
Yes. Farab has representative offices in Kenya and Tajikistan and has worked on projects including Sri Lanka’s Uma Oya Hydropower Project and phase two of Iraq’s Al-Sadr Thermal Power Plant.
Is Farab Company publicly listed?
No. Farab Company is a private joint-stock company.