Middle East Economic Survey

VOL. LIII

No 46

15-Nov-2010

TURKEY

Norways Statkraft To Build Kargi Hydropower Plant

Oslo-based Statkraft on 11 November announced that it would construct a 102mw hydropower plant in Kargi, situated in Corum province on the Kizilirmak River northeast of Ankara. The Kargi plant, due to be completed at the end of 2013 with an average annual electricity generation of 467gwh, will require an investment of 250mn, a statement issued by Statkraft said. Executive Vice...