Electric industry



Tuesday, January 31, 2006

TEİAŞ GM İlhami Özşahin at MÜSİAD

Mr. İlhami Özşahin, GM at TEİAŞ (Turkey Electricity Tranmission Inc), delivered a speech with the headline of “Transmission Investments and Projects” at “Regulation in Energy Distribution” panel, organized by MÜSİAD (Independent Industrialists and Businessmen’s Association).

Mr. Özşahin complained most people did not care about transmission. Özşahin underlined that transmission was the backbone of the system, connecting the production and consumers. Tranmission investments shoud not be ignored, emphasized Özşahin.

Özşahin passed info about TEİAŞ’s transmission investments, covering 42 finished projects of 206 trillion TL (USD 152.5 million). At the moment ongoing projects cost 334 trillion TL (USD 247.4 million) and projects at tender process 111.6 trillion TL (USD 82.6 million), added Özşahin.

Özşahin explained that there were three main barriers against investments: Expropriation, tender processes and auditing. The other topic was seasonal conditions, emphasized Özşahin. According to Özşahin, supply security was another top significant issue, saving lives, ends lives and running motors.

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