5 Largest Dams In The World

3. Itaipu Dam

Hydropower generation capacity: 14,000 MW

The Itaipu Dam is situated on the Paraná River and is jointly owned by Brazil and Paraguay. It produces 79.1% of Paraguay’s and 8.4% of Brazil’s national electricity capacity. Constructed at a gigantic cost of $27 billion (equating to $35.93 billion now), Itaipu Dam is regarded by the Guinness World Records as the single most expensive object on earth.