Turkey`s Alarko to invest up to US$3 bln in eergy sector
Mon, March 22 2010 17:43 | 352 Views
Istanbul (ANTARA News/Asia Pulse) - Turkey's Alarko Holding has said it will make investments worth US$2.5-3 billion in electricity generation over the
next five years.
Ayhan Yavrucu, general coordinator of Alarko Group,
said on Friday that the company had made an investment
of US$40 million for electricity generation and investment of US$440
million for distribution in 2009.
Yavrucu said it was seeking a foreign
partner. "We have been holding talks with European, American and Far
Eastern companies," he said.
Alarko would launch
a project on hydroelectrical power plant worth US$130-150 million in
the southern province of Adana this year, Yavrucu added.
Source:
Business in Asia Today - March.22, 2010
published by Asia PulseEditor: Ricka
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