News
04.08.2017
265

Siemens and Turkish partners win billion dollar tender

A consortium of German giant Siemens and Turkey’s Türkerler and Kalyon Enerji holdings won a billion dollar wind energy tender on Aug. 3, offering the lowest price to the state with 3.48 USD per kilowatts.

Energy Ministry deputy undersecretary Alparslan Bayraktar managed the reverse auction, which went for 30 rounds. A consortium of Chinese Mingyang and Turkish İlk İnşaat competed until the end before getting eliminated. 

Eight consortia, including four German giants, participated in the Energy Ministry’s 1,000 megawatts (MW) wind power project tender on July 27.

In addition to the German and Chinese firms, Danish Vestas also took part in the bidding as well as the U.S.’s General Electric along with their local partners.

The winning consortium is expected to make more than 1 billion USD investment in the project, which stipulates the local production of wind turbines gradually.


source: DHA


04.08.2017

Important news

All news
Life in Turkey

The Turkish Statistical Institute (TÜİK) has sent an official request to the Directorate General of Migration Management to obtain up-to-date information about the closed areas in Alanya.

Read more 22.04.2025
World News

On April 22, 2025, the price of gold on the global market reached a new historical high of $3500 per ounce. This marked a clear signal amid growing anxiety in the global economy and increased demand for safe-haven assets.

Read more 22.04.2025
Life in Turkey

These changes are aimed at enhancing service quality and meeting the growing number of tourists and international flights, especially during the summer season.

Read more 14.04.2025
World News

Forbes magazine has released its new list of billionaires, with the number of billionaires surpassing 3000 for the first time. The leaders of the list are well-known business tycoons and tech giants, including Elon Musk, Mark Zuckerberg, and Jeff Bezos.

Read more 10.04.2025
>