"Turkey Hopes For A Swift Power Generation Privatisation
June 2011 | Corporate Financing Analysis
The government is pressing ahead with the privatisation of bundles of power generation assets, in spite of the fact that having previously attempted to privatise distribution grids, several of the new private owners have recently declared that they cannot ultimately afford to pay the sums agreed. The government may now be pressing ahead with this privatisation programme in an effort to bridge the shortfall in privatisation revenues for 2011, with revenues from the sale of the distribution grids now unlikely to materialise in the near term. "
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