Turkey to launch new round of electricity sector privatisation
Turkey's privatisation administration, OIB, is in the process of launching tenders for up to 2GW of state-owned electricity generation capacity, a source at the administration told ICIS.
OIB has lined up four new power plants for sale later this year. The portfolio includes the 300MW Catalgazi coal-fired plant in the northern Zonguldak province, as well as the 630MW Kemerkoy, the 420MW Yenikoy and the 630MW Yatagan coal-fired plants in the southwestern Mugla province.
The dates for the tenders have not been fixed yet, but a source said the administration was expecting to launch the sale process soon.
The new round of privatisations organised by OIB follows the offloading of some of Turkey's key state-owned power plants, including the 1.2GW Hamitabat combined cycle gas turbine power station, along with the 600MW Seyitomer and the 457MW Kangal coal-fired power plants (see EDEM 6 March 2013). These facilities are now in the process of being transferred to the private sector.
Turkey has also privatised its 21 electricity distribution networks (see EDEM 12 March 2013).
The sales are part of the government's plans to sell off 16.5GW of generation currently held by incumbent EUAS.
OIB expects to offload 45 power plants, of which 27 are hydroelectric and 18 thermal power.
Turkey remains on a steep growth curve, and expects investments in the energy sector of up to €200bn within the next 10-15 years.
This means that the country needs to increase its installed capacity by 3.5GW/year to meet growing demand, according to Hasan Koktas, president of energy market regulator EMRA. Aura Sabadus
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22 Aug 2014 21:28
22 Aug 2014 21:28