List of Divestible Shares/Assets to Foreign Investors

No

Industry

Name of Divestible Company

Parent Company

Percentage of
Divestible Shares

1

Power Generation

Sahand Power Generation Co.
(including Sahand Power Plant)

Thermal Power Plants Holding

100

2

Shazand Power Generation Co.
(including Shazand Power Plant)

Thermal Power Plants Holding

100

3

Ramin Power Generation Co.
(including Ramin & Mahshahr Power Plant)

Thermal Power Plants Holding

100

4

Isfahan Power Generation Co.
(including Isfahan & Hesa Power Plants)

Thermal Power Plants Holding

100

5

Khorasan Power Generation Co.
 (including Qaen & Shahid Kaveh Power Plant)

Thermal Power Plants Holding

100

6

Yazd Power Generation Co.
(including Yazd Combined Cycle & Gas Power Plants)

Thermal Power Plants Holding

100

7

Basic Metals

Luleh Gostar Esfarayen Co. (LGECO)

IDRO

100

8

Esfarayen Industrial Complex

IDRO

100

9

Tourism

Iran Tourism Development Corporation

Cultural Heritage, Handicrafts & Tourism Org.

73

10

Refining

Shiraz Oil Refining Co.

IDRO

20

11

Lavan Oil Refining Co.

IDRO

20

12

Tehran Oil Refining Co.

IDRO

20

13

Isfahan Oil Refining Co.

IDRO

20

14

Tabriz Oil Refining Co.

IDRO

20

15

Bandar Abbas Oil Refining Co.

IDRO

20