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Turkey

Turkey's energy minister excludes dams from privatisation plans - media

Dec 31, 2014, 2:10:24 PMArticle by Gabriel Hershman
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ISTANBUL (Turkey), December 31 (SeeNews) – Turkey will not include the country's largest hydropower plants in its privatisation plan, even though investors have offered up to $20 billion (16.4 billion euro) to buy one of them, said energy minister Taner Yıldız, as quoted in local media on Wednesday.

Turkey's energy minister excludes dams from privatisation plans - media

“We are not privatising the country’s major dams, including the Ataturk, Keban and Karakaya dams in eastern Anatolia. We will not privatise a number of other dams on the rivers of the Euphrates, Tigris and Kızılırmak, the longest of the country,” he said, as quoted by Hurriyet.

Almost all gas-powered plants, on the other hand, would be privatised in the coming two years, the minister added.

($=0.823 euro)

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