Baku 24° C
SOCAR plans to acquire 870 MW power plant in Türkiye for $225M
Energy
- 22 December, 2025
- 17:37
Add Report.az to preferred Google sources
Stay up to date with the top news!
The State Oil Company of Azerbaijan (SOCAR) plans to acquire Gama Energy's İç Anadolu power plant in Türkiye, with a capacity of 870 MW, for $225 million, Azerbaijan's Prime Minister Ali Asadov said at the 12th meeting of the Azerbaijan–Türkiye Joint Intergovernmental Commission, according to Report.
He said that an agreement related to the acquisition will be signed tomorrow at the 2nd Azerbaijan–Türkiye Investment Forum.
Asadov noted that SOCAR will own a 100% stake in the power plant following the transaction.
Baş nazir: "SOCAR "Gama Enerji İç Anadolu"nu 225 milyon dollara alacaq"
Али Асадов: SOCAR приобретет в Турции электростанцию за $225 млн
Latest News
13:58
Dutch Embassy congratulates Azerbaijan on Restoration of Independence Day
Foreign policy
13:55
Iran says it has taken measures against 'Mother of All Bombs'
Region
13:03
Iranian parliament approves Mehrdad Akhlaqi Ketabchi as defense minister
Region
12:47
Azerbaijan weather forecast for October 19
Ecology
12:18
OTS Secretary General congratulates Azerbaijan on Restoration of Independence Day
Foreign policy
11:46
Fire breaks out at Ozon warehouse in St. Petersburg after drone attack
Other countries
11:21
Turkish MFA congratulates Azerbaijan on Restoration of Independence Day
Foreign policy
11:15
TURKPA to hold 15th plenary session in Kyrgyzstan
Foreign policy
11:00
Photo
Azerbaijan, Uzbekistan trade unions sign cooperation memorandum
Social security