Energy

Turkey privatizes Dinar 2 hydro plant

Ergok Insaat Sanayi and Super Elektrik consortium won the tender for the privatization of the Dinar 2 hydropower plant, at a cost of 10 million 568 thousand Turkish liras, Turkey's privatization administration in Ankara announced Wednesday afternoon.

The plant is located in the province of Afyonkarahisar in Turkey's western region.

In total, seven companies participated in the tender, and after three rounds, five companies proceeded to open bidding.

A minimum bid offer limit was set at 5 thousand liras and an open bidding offer started at 10 million 563 thousand liras.

The Ergok Insaat Sanayi and Super Elektrik consortium company won the tender with a final offer of 10 million 568 thousand liras for the Dinar 2 plant with installed capacity of 3 megawatts.

US$1 equals 3.44 Turkish liras, according to Turkey's Central Bank data.

By Gulsen Cagatay and Ebru Sengul

energy@aa.com.tr


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