Last phase of Turkey electricity gird sell out set for Friday

Over two dozen companies have expressed interest to buy the operating rights of the remaining state-owned electrical grids.

Last phase of Turkey electricity gird sell out set for Friday

World Bulletin / News Desk

Privatization of Turkey's entire electrical grid is expected to be completed with tenders set for Friday for the sell out of four state-run distribution companies.

Turkey's energy minister, Taner Yildiz, said Thursday the tenders will offer bidders operating rights of the electrical grids covering Istanbul, and a number of provinces in the country's south, east and southeast regions. Yildiz also said that the privatization of 17 distribution companies had been concluded successfully, which he said generated some $10 billion for the government budget.

Over two dozen companies have expressed interest to buy the operating rights of the remaining state-owned electrical grids.

Last Mod: 15 Mart 2013, 09:44
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