Turkey’s sell-off agency has canceled a tender to select an adviser for the privatization of a group of power stations belonging to the Electricity Production Corporation, also known as EUAS, banking sources said yesterday. The tender has been canceled as a result of the lack of a satisfactory number of bids.
The Privatization Administration, or OIB, had set a May 26 deadline for the submission of bids to help the government devise a strategy for the power stations belonging to the Electricity Production Corporation. Banking sources told Reuters that they expected the OIB to invite a new tender to find an adviser. EUAS operates a total of 103 hydropower stations and 19 thermal power plants.
(KATHIMERINI, 12/06/2008)