Local Turkey

Turkey’s electricity transmission company to be privatized

The privatization preparations will be carried out in cooperation with Energy Ministry and Privatization Administration

Turkish Electricity Transmission Corporation (TEIAS) was included in the scope of the country’s privatization process, according to Turkey’s Official Gazette on Saturday.

The Presidential Decision on the subject was published in Official Gazette. According to the decision, the privatization preparations will be carried out in cooperation with Turkey’s Ministry of Energy and Natural Resources and the Privatization Administration.

By the end of 2020, TEIAS reached 71,097 kilometers of energy transmission lines.The country holds 97,689 megawatts of installed capacity for electricity generation by the end of May 2021.

Source
AA

Leave a Reply

Your email address will not be published. Required fields are marked *

Back to top button