21 Mayıs 2013, Salı
New York
New York

TURKEY TO PRIVATISE 45 POWER PLANTS IN 2011

  • NewArticle
  • Published:29 Mart 2011, Salı
  • Updated:29 Mart 2011, Salı

Turkish Prime Minister Tayyip Erdogan said Turkey will complete the privatisation of 17 thermal and 28 this year.

The government is selling state-run power plants and distribution grids, as well as natural-gas networks, to lure more private-sector investment to the country's energy business.

Turkey needs to boost capacity or demand could threaten to outstrip supply as the $700 billion economy rapidly expands