Turkey to Relaunch Tender for $5 bln Coal-Fired Power Plant

Turkey to Relaunch Tender for $5 bln Coal-Fired Power Plant
Energia.gr
Δευ, 22 Σεπτεμβρίου 2008 - 15:00
Turkey’s state-run Electricity Production Corporation (EUAS) will relaunch a coal-fired power plant tender worth $5 billion under amended terms next month, the company’s chief executive Sefer Butun told Reuters yesterday. The Electricity Production Corporation canceled the previous tender after it considered too high the price the bidders wanted for electricity produced in the Afsin Elbistan C and D units.

Turkey’s state-run Electricity Production Corporation (EUAS) will relaunch a coal-fired power plant tender worth $5 billion under amended terms next month, the company’s chief executive Sefer Butun told Reuters yesterday.

The Electricity Production Corporation canceled the previous tender after it considered too high the price the bidders wanted for electricity produced in the Afsin Elbistan C and D units. Butun said the authorities were now working on the tender specifications before launching a new tender in October.

“Some changes might be done to strengthen feasibility of this project in terms of investors. We are trying to decide on this,” said Butun. “When we are done with these (changes), we will invite bids for (Afsin-Elbistan) C and D units again,” said Butun.

(KATHIMERINI, 09/20/2008)

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