The Turkish company "Calik Enerji" intends to build a power plant with a capacity of about 1.6 GW in Turkmenbashi. Ankara has signed a contract with "TurkmenEnergo" for the construction of a combined cycle power plant in the Balkanabat district of Turkmenbashi, Eurasia Today reports.
The construction of the large energy facility will last for 40 months, with construction costs amounting to $586 million.
Earlier, on October 28, 2023, the Turkmen leader Serdar Berdimuhamedow signed a Resolution authorizing Türkmenenergo to enter into a contract with the Turkish company Çalik Enerji for the construction of a power plant with a capacity of 1574 MW in Turkmenbashi.
According to the document, the facility is expected to be commissioned in May 2027.
Economic relations between Turkmenistan and Turkiye in 2023:
In 2023, Turkish companies implemented 7 projects in Turkmenistan worth $3.2 billion.
Overall, more than 20 projects worth $4.4 billion are being implemented in the local market with their participation.
Prospects for the relationship between the two countries:
Turkmenistan and Turkiye intend to increase their trade turnover to $5 billion. The countries plan to enhance cooperation in the fields of energy, transportation, construction, and agriculture.
In 2023, President of Turkmenistan Serdar Berdimuhamedow made his first official visit to Turkiye.
CentralasianLIGHT.org
March 28, 2024