Large Power Plant in Turkey: Verbund concludes Joint Venture

People ♦ Published: October 25, 2010; 13:55 ♦ (Vindobona)

With an investment volume of 550 million euro, the Verbund operates together with its Turkish partner Sabanci Holding, a gas-steam power plant.

Large Power Plant in Turkey: Verbund concludes Joint Venture / Picture: © Verbund AG

The Bandirma power plant, 350 kilometers southwest of Istanbul, operating since the beginning of October, was inaugurated officially. The completion of the power plant was achieved in only 28 months. The plant has a capacity of 920 megawatts; its efficiency is relatively high at 59%.

Wolfgang Anzengruber, CEO of the Verbund group said: "You know that Turkey's growth is…