Turkey to privatise 45 power plants in 2011: Erdogan

ISTANBUL: Turkish Prime Minister Tayyip Erdogan said Turkey will complete the privatisation of 17 thermal and 28 hydro power plants this year, state-run Anatolia agency reported.

The government is selling state run power plants and distribution grids, as well as natural gas networks, to lure more private sector investment to the country's energy business.

Turkey needs to boost capacity or demand could threaten to outstrip supply as the $700 billion economy rapidly expands