March 27, 2011 / 1:49 PM / 9 years ago

Turkey to privatise 45 power plants in 2011- Erdogan

ISTANBUL, March 27 (Reuters) - Turkish Prime Minister Tayyip Erdogan said Turkey will complete the privatisation of 17 thermal and 28 hydro power plants this year, state-run Anatolia agency reported.

The government is selling state-run power plants and distribution grids, as well as natural-gas networks, to lure more private-sector investment to the country’s energy business.

Turkey needs to boost capacity or demand could threaten to outstrip supply as the $700 billion economy rapidly expands. (Reporting by Seda Sezer; Editing by David Holmes)

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