4/4/2011

RWE to break ground in Denizli power plant project

Yeni Safak - Germany’s international energy company RWE readies to break ground in its natural gas combined-cycle power plant to be built in Denizli, in the Aegean region of Turkey.

To be built with the cooperation of Turkish energy firm Turcas, the construction of the EUR 500 million plant is slated to begin on April 13 with a groundbreaking ceremony.

Andreas Radmacher, Chairman of the Executive Board of RWE Turkey, held a press conference in Essen, Germany where RWE has a similar power plant in operation, told reporters that Turkey’s confidence and stability helped RWE in taking decisions regarding the region. “We find our Turkish portfolio thrilling,” said Radmacher, adding that Turkey is situated at the center of an energy network, thanks to its strategic location.

The 775-MW RWE&Turcas Denizli Power Plant will provide electricity for some 3.5 million homes. The project is expected to be completed by the end of 2012.
turkey; energy industry; energy investment; rwe; turcas; denizli; natural gas powered; combined  cycle; andreas radmacher