Istanbul, July 15 () - 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.
Final bids will be taken for the Aliağa Power Plant on October 1 and for the Bursa Power Plant on October 15. The bidder would have to make 10 million dollars for Aliağa and 15 million dollars for Bursa, as initial payments.
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.