Norwegian state-owned energy company Statkraft announced that it has launched a process for sale of its partially built hydropower plant Cetin in Turkey, and expect that the sale will be completed by the end of the year.
The company has suspended the project in February due to security concerns. Statkraft’s CEO Christian Rynning-Toennesen said on the occasion that the company had to suspend the project because the cease fire between Turkish authorities and outlawed Kurdistan Workers’ Party (PKK) has ended and there were several armed incidents in the region near the construction site.
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Tags: Cetin, HPP, hydro, Norway, sale, statkraft, Turkey