Tag Archives | National Development Fund of Iran (NDFI)

Development Fund to Get 20% of Iran’s Oil Money

Members the parliamentary select committee to study budget law signed off on a measure which determines the share of the National Development Fund of Iran (NDFI) from all oil export revenues at 20 percent in their latest open session on Sunday. According to ICANA, Mohammad Mahdi Mofatteh, spokesperson of the committee, said that during deliberation on […]

Iran Commissions its Largest Wind Farm

By John Lee. Iran has reportedly commissioned its  largest ever wind farm. According to Energy Digital, the Sihapoush wind farm, in Qavzin province, is set to have a capacity of 61.2MW and comprise 18 Siemens Gamesa SWT-3.4-108 turbines. It has been fully commissioned by Arian Mah Baad, with EPC being done by local Iranian company […]

€260m Loan for Major Refinery Project

The National Development Fund of Iran (NDFI) will be tapped for a 260-million-Euro loan for completing the remaining phases of Bandar Abbas Gas Condensate Refinery Project, an official said. Managing Director of the National Iranian Oil Refining & Distribution Company (NIORDC) Alireza Sadighabadi said on Sunday that the refinery must reach full productivity by March […]