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Turkey's EÜAŞ energy company to implement several projects in 2020

Türkiye Materials 15 April 2020 11:41 (UTC +04:00)
Turkey's EÜAŞ energy company to implement several projects in 2020

BAKU, Azerbaijan, Apr. 15

By Rufiz Hafizoglu - Trend:

The Turkish Elektrik Üretim Anonim Şirketi (EÜAŞ) energy company will implement 8 projects in 2020, Turkish Ministry of Energy and Natural Resources told Trend.

The total cost of all these projects is 190 million liras ($22.9 million).

The ministry noted that all projects will be implemented exclusively at the expense of the company.

In 2020, 7 mining companies will implement 45 projects, the total cost of which is over 9.7 billion Turkish liras ($1.4 billion).

Meanwhile, 118 energy projects with a total value of 24.5 billion liras ($3.6 billion) will be implemented in Turkey.

To implement these projects, foreign loans in the amount of 2.8 billion liras ($412.5 million) will be attracted.

Some 14 companies will take part in the implementation of energy projects

(1 USD = 6.7874 TRY on Apr. 15)

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Follow the author on Twitter: @rhafizoglu

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