India's GMR in talks with Turkish companies for power plant

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Indias GMR in talks with Turkish companies for power plant
Oluşturulma Tarihi: Şubat 05, 2009 13:04

India's GMR Infrastructure Ltd is in talks with Turkish companies to build a natural gas-fired power station with a capacity of 1,000 megawatts, the head of its Turkish unit said late on Wednesday.

Haberin Devamı

Cenk Alpsoy, chief executive of GMR's Istanbul-based unit, said in an interview with Reuters that GMR was meeting companies about possible investment for the project, but did not give names or a figure for any possible investment.

"Turkey's energy market is growing fast and increasingly dynamic ... We are closely watching the Turkish market, and we want to make the investment to build a natural gas-fired plant. At the first stage the optimal investment would build a 1,000 megawatt plant," said Alpsoy.

GMR may join a current project or start from scratch, Alpsoy added.

Turkey's fast growing power consumption has sparked interest from international firms including Austria's Verbund, OMV and Czech Cez.

Haberin Devamı

The growing power production sector relies on natural gas and coal-fired plants as well as a growing number of alternative energy supplies.

The Indian construction firm is active in the construction, airport operation and power sectors.

GMR Infrastructure and Turkey's Limak have an 80 percent stake in the company that manages Istanbul's second airport, Sabiha Gokcen.

 

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