Abu Dhabi National Energy Co. (Taqa) and Turkey's state-run power company Electricity Generation Co. Inc. (EUAS) signed an energy agreement, considered the biggest Arab investment in the Turkish energy sector. The $12 B. deal includes the development of coal mines and power plants to boost power production from coal to 18,000 megawatts, in the Afsin-Elbistan region of southern Turkey. "This is a strategic long-term investment," said UAE energy minister, Mohamed bin Dhaen Al Hamli.
Abu Dhabi National Energy Co. (Taqa) and Turkey's state-run power company Electricity Generation Co. Inc. (EUAS) signed an energy agreement, considered the biggest Arab investment in the Turkish energy sector. The $12 B. deal includes the development of coal mines and power plants to boost power production from coal to 18,000 megawatts, in the Afsin-Elbistan region of southern Turkey. "This is a strategic long-term investment," said UAE energy minister, Mohamed bin Dhaen Al Hamli.
Abu Dhabi National Energy Co. (Taqa) and Turkey's state-run power company Electricity Generation Co. Inc. (EUAS) signed an energy agreement, considered the biggest Arab investment in the Turkish energy sector. The $12 B. deal includes the development of coal mines and power plants to boost power production from coal to 18,000 megawatts, in the Afsin-Elbistan region of southern Turkey. "This is a strategic long-term investment," said UAE energy minister, Mohamed bin Dhaen Al Hamli.
