Turkey's Demir Madencilik Leads Sell-off Tender for 300 MW TPP with $351 Mln Bid

Turkish company Demir Madencilik placed the highest bid of $351 million (254 million euro) in a tender on Tuesday for the privatization of the 300 megawatt (MW) coal-fired Catalagizi thermal power plant, Turkey’s Privatisation Administration said.

The sell-off authority made the announcement in a statement on its website.

According to local news daily Dunya, the companies Elsan Elektrik Gerecleri Sanayi ve Ticaret, Alsim Alarko Sanayi ve Ticaret, Limak Insaat Sanayi ve Ticaret and IC Ictas Enerji Uretim ve Ticaret also took part in the tender.

Source:SeeNews