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May 28, 2012
 
 
 
 
 
 

Gov’t to soon start privatization of power generation plants

21 August 2010 / TODAY’S ZAMAN, İSTANBUL
The privatization process for electricity generation plants is set to be started either by the end of this month or in early September, with the Hamitabat power station (HEAŞ) being put up for sale first, Ahmet Aksu, vice president of the Privatization Administration (ÖİB), has said.

HEAŞ, which is located in the Lüleburgaz district of the northwestern province of Kırklareli, generates electric power for Turkey’s Thrace region and the European side of İstanbul. With a capacity of 1,120 megawatts, the plant produces 7 percent of Turkey’s total electricity output.

Aksu told the Anatolia news agency yesterday they are determined to kick off the privatization process for electric power stations. The privatizations are expected to yield $10-15 billion for the country.

According to the information provided by Aksu, the four largest thermal power plants -- HEAŞ, Soma A-B, Çan and Seyitömer -- will be privatized individually, while the remaining stations will be privatized in nine groups. Among the four major plants, Soma A-B, located in the western province of Manisa, has a capacity of 1,034 megawatts, while this figure is 320 megawatts for Çan and 600 megawatts for Seyitömer.

The capacity of the nine groups will be between 356 MW and 2,795 MW. Three of them will be composed of only thermal plants, two will be a combination of thermal and hydroelectric plants and four will include only hydroelectric stations.

Aksu said that they plan to make an amendment to the law to allow the transfer of thermal resources, such as lignite fields, to investors along with the electricity generation plants. Work is currently under way in cooperation with the Energy and Natural Resources Ministry and other relevant institutions in this regard, he added.

The transfer of 52 hydroelectric power plants whose tenders were held in May to their new owners will be completed soon, Aksu noted, adding that the majority of these plants will be handed over to the private sector this year.

Asked about Galataport, or the İstanbul Salıpazarı Port, he said preparations for its privatization are about to finish and that they are “determined to put the port up for sale for privatization this year.”

On the privatization of state-owned sugar refineries, four of whose tenders were suspended by a high court order pending a lawsuit, Aksu said they are still waiting for the verdict of the Council of State. “We are lagging behind in the privatization of these refineries,” he said.

 
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