4/4/2008

Verbund joint venture backs Turkey gas plant plan

Reuters - Austria's top utility Verbund said on Thursday its Turkish Enerjisa joint venture had been given the green light to build a 920 megawatt gas-fired power plant in northwest Turkey. Verbund said in a statement the 500 million euro ($781 million) project, which will be built in a joint venture with Turkey's Sabanci Holding should go online by autumn 2010.