Turkey's electricity transmission company to be privatized

July 04 2021 10:19:18

Turkey's electricity transmission company to be privatized

ANKARA-Anadolu Agency

Turkish Electricity Transmission Corporation (TEİAŞ) was included in the scope of the country's privatization process, according to Turkey's Official Gazette on July 3.

The presidential decision on the subject was published in Official Gazette. According to the decision, the privatization preparations will be carried out in cooperation with the Energy and Natural Resources Ministry and the Privatization Administration.

By the end of 2020, TEİAŞ reached 71,097 kilometers of energy transmission lines. The country holds 97,689 megawatts of installed capacity for electricity generation by the end of May 2021.

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