10/6/2008

Turkey to sell most power grids by end-2009

The Guardian – The Turkish Privatization Administration (OIB) expects to sell the majority of Turkey's remaining electricity distribution grids by the end of 2009, OIB president Metin Kilci told Reuters. Turkey plans to sell 20 power grids and has so far sold four. The most recent sales were for a grid servicing central Anatolia, which brought the highest bid of $440 million, and another grid in eastern Anatolia. Those tenders came shortly after the sell-off of a grid serving Ankara and another in northwest Turkey.
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