CEZ AS (BAACEZ.PR), a central European power company based in the Czech Republic, is moving forward on its plan to participate in a tender for the construction of new power generation units in Turkey, the company's spokeswoman said Wednesday.
"We're definitely interested in the tender, but we haven't submitted any bid for the Turkish plant yet," Eva Novakova told Dow Jones Newswires.
Novakova said June 26 is the deadline to submit bids in the tender to build new generating units at Turkey's Afsin-Elbistan power plant.
"We've only bought the tender documentation so far," she said.
Separately, local media reported earlier Wednesday that CEZ supervisory board member Tomas Huener said the company's power prices are set to continue rising over the next six years largely due to a shortage of supply in central Europe.
The report cites him saying that as soon as new power sources start coming on stream, electricity prices will begin to go down.