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Tuesday, May 25, 2010

Moscow Says Zorlu Violated Contract on Power Plants (Update2) - BusinessWeek

"Moscow Says Zorlu Violated Contract on Power Plants (Update2)
May 25, 2010, 7:03 AM EDT

By Ilya Arkhipov

May 25 (Bloomberg) -- The Moscow city government said Zorlu Enerji Elektrik Uretim AS failed to deliver two power plants valued at more than $1 billion on time and demanded that the Turkish energy producer start up the plants immediately."

More:Moscow Says Zorlu Violated Contract on Power Plants (Update2) - BusinessWeek