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Banking

Akenerji plans USD 73mn investment in Akocak power plant. 

Akenerji plans USD 73mn investment in Akocak power plant.  Akenerji announced it plans to invest USD 73mn for its Akocak hydroelectric power plant in Trabzon , until the end of 2008. Akenerji started the investment in September and aims to produce electricity by the end of 2008. When completed, the plant will have an annual electric production capacity of 257 GWH. Akenerji had shut down part of its power plants in Agust due to rising costs for natural gas inputs.

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