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
18:00
AI rapidly improving, could vastly boost US GDP, Anthropic's Clark tells policymakers
Other countries
17:55
'Choice now rests with US,' Iran's Araghchi says on peace negotiations
Other countries
17:33
Egypt's Sisi says his presidency will end in 2030
Other countries
17:14
Ramin Mammadov mulls Azerbaijan's experience in tolerance sphere while in US
Foreign policy
16:50
Hacker gets data on millions of California students
Other countries
16:29
Photo
Gunel Badalova elected Vice President of International Ski Mountaineering Federation
Individual sports
16:12
Yemeni government forces say they repel lengthy Houthi attacks in Taiz
Other countries
15:50
Video
Military pilots from Azerbaijan, UAE successfully complete their objectives as part of joint exercises
Military
15:25
Photo
AzerGold participates in 6th Rebuild Garabagh exhibition
Industry