Turkey opens tender for four wind energy power plants

Turkey opens tender for four wind energy power plants

ANKARA

Turkey’s Energy and Natural Resources Ministry has opened a tender to build four wind energy power plants with a total capacity of 1,000 megawatts, a statement on the country’s Official Gazette showed on Nov. 7.

The tender will begin with a price ceiling of $0.055 per kilowatt hour, the statement showed, adding that the government would purchase energy from the plants for a 15-year period.

The plants will be set up in the Aegean provinces of Balıkesir, Çanakkale, Aydın and Muğla, and applications for the tender will be accepted until March 7, 2019, the statement showed.

For each tender, the applicants must submit a minimum one-year bank guarantee worth $2.5 million, partly or completely convertible to cash. The winners will be asked to offer a minimum 10-year bank warrant of $12.5 million.