Turkey and UAE sign $12 billion power production investment deal

• 11 years ago (2013-01-05)
• David Flin

Europe 1089 Middle East 326

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State power companies in Turkey and the United Arab Emirates (UAE) have signed an agreement to invest in a $12 billion project to produce electricity in Turkey’s Afsin-Elbistan region, according to a statement by Turkey’s Energy Minister.

The project will provide the region in the south-east of Turkey with 8000 MW when at full capacity. Initial operation is due to start in 2018, and the full project be completed in 2021.

In addition, Turkey’s state-owned Electricity Generation Company (EUAS) and the Abu Dhabi National Energy Company (TAQA) have signed a protocol regarding electricity production in the region, which includes a coal mine.