Business News

Building of Unit/Block 7 of TPP Tuzla

Business News

05/12/2013

Two Japanese companies ("Hitachi Ltd." and a consortium led by "Toshiba Corporation") were included on the list of qualified candidates / applicants to tender for the project of construction of Unit 7 in TPP Tuzla, which is currently in progress.  

The Government of Japan has decided to initiate the process of developing a feasibility study for the project of construction of Unit 7 in TPP Tuzla, and the elaboration of study was proposed by the company "Hitachi, Ltd.", which will be performed by a government agency JICA (Japan International Cooperation Agency) in order to determine the possibility of financing the project within PSIF scheme (Private Sector Investment Finance Scheme).

A few days ago, and Turkey's company "Cengiz Insaat", owned by a Turkish billionaire Mehmet Cengiz, officially said it is interested in the construction of a new thermal power unit in TPP Tuzla (whose value is estimated at around 1.4 billion KM) as the only or at least the majority owner of thermal power unit in Tuzla