Final tender for Turkish hydroelectric power plants on Monday

The privatization of numerous hydroelectric power plants owned by Electric Generation Co. will be completed on Monday.

Final tender for Turkish hydroelectric power plants on Monday

The privatization of numerous hydroelectric power plants owned by Electric Generation Co. (EUAS) will be completed on Monday.

The privatization marathon that envisaged the sale of a total of 52 hydroelectric plants in 19 groups will be concluded with the final auction to be held tomorrow, officials told AA on Sunday.

Nearly 427.2 million USD has been raised in the sale of the plants so far.

Throughout the privatization process, a total of 613 offers have been presented in the auctions and the highest offer came for the "Kayakoy" hydroelectric power plant of the Group 3 power plants located in western province of Kutahya.

A total of 88 companies placed bids in the sale of the Kayakoy plant and Nema Kimya-Espe consortium won the tender with its 17.4 million USD offer.

The longest auction was held for Group 19's "Kovada 1 & Kovada 2" power plants of the southwestern Isparta province, as participants competed with each other in 283 rounds of bidding to become the new owner of the plants.

On the other hand, the privatization tenders for Group 11 and Group 12 power plants would be held at a further date as one of the plants in these groups is located at a disaster area and another one on a rock monument, officials also said.

The privatization marathon will end with the tender to be held on Monday for the sale of "Dere" and "Ivriz" Group 8 hydroelectric power plants located in the central Anatolian province of Konya.


AA

Last Mod: 23 Mayıs 2010, 13:12
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