Turkey opens privatization tenders for two power plants

ANKARA

DHA Photo

Turkey’s Privatization Administration (ÖİB) has opened tenders for the privatization of a combined cycle and gas turbine power plant in Aliağa in the Aegean province of İzmir and a gas plant in Bursa in northwestern Turkey, the Official Gazette said on July 15, as reported by Reuters. 

Final bids will be taken for the Aliağa Power Plant on Oct. 1 and for the Bursa Power Plant on Oct. 15. The bid security price has been set at $10 million for Aliağa and $15 million for Bursa. 

legal persons’ and consortiums’ bids will be accepted, according to statements on the ÖİB’s website. Real persons and private investment funds may offer bids as long as they are the members of any consortium, which includes at least one legal person. 

Turkey plans to privatize a total of 29 hydroelectric and gas-turbine powered power plants of the Turkish Electricity Generation Corporation (EÜAŞ), according to another written statement published in the Official Gazette on June 24. 

The privatizations are planned to be completed by 2020, according to the statement. EÜAŞ’s power plants will be privatized upon the transfer of assets or operating rights.