Farab Equipment Manufacturing Company with the initial name of “Tuba Hydro Turbine Manufacturing Engineering/Management Company” was established in 2001 by Farab Company, aiming to domestically manufacture main equipment of hydro-power plants including turbines, generators, and butterfly valves by utilizing the potentialities of the Iranian manufacturers such as Machine Sazi Arak, HEPCO, AzarAb Industries, Parss Generator, and Mapna Neyr Perse. Thanks to the expansion and diversification of the fields of activities in Farab Company, the initial name of the company changed into “Farab Equipment Manufacturing Company” in 2016 so as to manage the manufacturing process from the scratch point.