Auto
0

Loans to Promote CNG-Hybrids Vehicles in Iran

Loans to Promote CNG-Hybrids Vehicles in Iran Loans to Promote CNG-Hybrids Vehicles in Iran

As per a scheme implemented by the National Iranian Oil Refining and Distribution Company, low-interest loans are being offered to commercial and passenger vehicles using gasoline and diesel to convert into CNG-hybrids. 
Director of the CNG office at NIORDC, Hamid Qasemi, says loans to the tune of 25 million rials ($182), are being offered in collaboration with Bank Parsian and Post Bank of Iran, the company's website niopdc.ir reported. 
Owners of heavy-duty and passenger vehicles should refer to the website irngv.ir to apply for the loan. 
Refitting vehicles used for urban public transport (buses and taxis) is a priority for NIORDC. Therefore, public transport drivers will get loans sooner. 

Premium

Subscribe to the Financial Tribune to continue reading this article or Log in to your account if you are already a subscriber.

Find out more about our subsciption plans here.

Add new comment

Financialtribune.com