4/28/2008

Energy Minister calls on German firms to invest in Turkey

TurkishPress.com - Turkey's energy minister invited German firms last Thursday to invest in energy projects in Turkey. Energy & Natural Resources Minister Hilmi Guler said a total of 130 billion USD of energy investment is foreseen till 2020. During a meeting of the Turkish-German Cooperation Council, Guler enumerated Turkey's energy projects as nuclear power plants, lignite power stations, dams, wind stations, mine exploration, geothermal and hydrogen power plants, renewable energy, energy efficiency and electricity distribution lines. "Our biggest investments are Afsin-Elbistan C and D thermal power plants as there are significant lignite beds there. We want to generate electricity from coal with clean technologies," Guler said during a meeting of the Turkish-German Cooperation Council. He said Turkish and German firms might cooperate in wind, production of devices that would assure energy efficiency and energy distribution lines. The Turkish minister also said authorities would call for a tender within a few weeks time to privatize electricity distribution.

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