Privatization of power plants to continue

The Privatization Administration has announced that the administration will continue to privatize power plants after the recent privatization of several electric distribution companies. Deputy Chairman Ahmet Aksu said these upcoming privatizations would be part assets sales, part share sales and part transfer of administration rights.

Privatization of the power plants has not drawn the participation of foreign power plant operators or the high sales prices that the Privatization Administration had anticipated.  The Privatization Administration is now reportedly considering legal modifications that would make the deals more attractive by allowing them to transfer the coal plants’ land to foreigners together with the facilities.

Source: Hurriyet Daily News

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