Turkey's Elsan Elektrik Places Top Bid of $1.1 Billion for Power Plant
Turkey's Elsan Elektrik placed a top bid of $1.09 billion in a government tender to privatise a coal-fired power plant with 630 megawatts of installed capacity.
The Privatisation Administration's sale of the state-operated Yatagan power plant in southwestern Turkey is part of a wider power-market liberalisation aimed at boosting investment.
(Reporting by Ozge Ozbilgin; Writing by Ayla Jean Yackley; Editing by Nick Tattersall)