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Divestiture of Zarand Electrical Power Plant and Power Production Management Company

2018/04/10 | 13:14 code : 8952 -
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Divestiture of Zarand Power Plant and Electrical Power Production Management Company shares to take place on 17th April 2018.
Divestiture of Zarand Electrical Power Plant and Power Production Management Company

Divestiture of Zarand Power Plant and Electrical Power Production Management Company shares to take place on 17th April 2018.

Public relations liaison of Iran Privatization Organization (IPO) reported 100 percent shares of Zarand Power Plant will be divested on 17th April 2018 with total base value of 1,750,724 million Rials along with 40 percent divestiture of ZarandElectrical Power Production Management Companyshares with total base value of 16,345 million Rials by IPO on April 17th 2018.

According to the report shares of both companies will be put on auction sale with 10 percent cash sale and 90 percent in 6-year installments.

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