Important News
Marubeni of Japan Will No Longer Enter into Any New Coal-Fired Power Generation Business
Coal HEPP Abroad Company News Other Renewables
9/20/2018
Marubeni will cut itscoal-fired power net generation capacity of approximately 3GW in half by 2030. And, as a general principle, Marubeni will no longer enter into any new coal-fired power generation business. However, Marubeni might consider projects that adopt Ultra-supercritical steam generating technology. The Company will also expand the ratio of renewable energy portfolio from 10% to approximately 20% by 2023...
The 9th Turkey Energy Forum Will Be Held in Istanbul on October 1 & 2
Coal HEPP Conferances Research Natural Gas Nuclear Other Renewables
9/17/2018
Market Trends in the Turkish Energy Sector, Local Content and Renewable Energy Resource Fields (YEKA), Financing Renewable Energy Investments After 2020, the National Energy Policy and Local Coal Investments besides Nuclear Power Projects will be taken up during the Forum where İş Bank is the main sponsor and to be participated by market players such as GAMA Enerj, Limak Enerji, Borusan EnbW Enerji, Enerjisa and Güriş Holding…
Important Statements by Berat Albayrak, the Minister of the Treasury and Finance
Speeches Macro Indicators Development Plans & Goverment Programs
9/14/2018
"We will announce the 3-year OVP (Medium Term Program) on September 20. -We will soon make a Regulation that prohibits payments and transactions in foreign currency, and explain the principles of retrospective transactions. -We will establish a "Cost and Transformation" office to save money and ensure efficiency in public organizations"...
Noteworthy Statements by President Erdoğan
Speeches Macro Indicators Development Plans & Goverment Programs
9/14/2018
"We will complete ongoing projects, we will not start the projects tendered but not started yet. We will left them aside for now. Ministries will scrutinize the investment stocks. Production is the only way of development of a country. Turning this Wheel properly is the responsibility of financing agencies. Survival of financing agencies depend on real economy and real investor".
Significant Appointments in the Public
Other News
9/6/2018
Nurettin Nebati and Osman Dinçbaş have been appointed as Deputies at the Ministry of Treasury and Finance…
Minister of Agriculture and Forestry Pakdemirli's Statements
HEPP Speeches Public Works
9/5/2018
"Ilısu Dam will be commissioned in 2019.-We aim to generate 135 billion kwh of power per year with our hydroelectric power plants in the 100th anniversary of our Republic"
Treasury’s Financing Program for the Period of September – November 2018
Macro Indicators
9/3/2018
The Treasury will realize a debt service of TL 51 billion in the 3-month period of September-November - The Treasury will make a domestic borrowing of TL 34.6 billion to finance the debt payments – Also, resources amounting to TL 16.4 billion are planned to be acquired from resources beyond borrowing procedures…
CPI Reached 17.90% in August
Macro Indicators
9/3/2018
In August 2018, increase in CPI has been 17.90% compared to the same month of previous year. Highest annual increase has been in transportation, highest monthly increase has been in various goods and services groups...
The Task of Preparing the Budget Is Assigned to the Ministry of Treasury and Finance
Budget Development Plans & Goverment Programs
7/31/2018
According to the Presidential Decree published in the Official Gazette, the duties and authorities for preparation of the central budget has been assigned from the President's Office to the Ministry of Treasury and Finance until the completion of the organization of the Department of Strategy and Budget....
Treasury and Finance Minister Albayrak, “The Medium Term Program Will Be Prepared Focusing on Reducing the Inflation Rate”
Speeches
7/25/2018
“We carry on with the consultancy meetings with all stakeholders in the field of economy as the Ministry of Treasury and Finance to prepare the Medium Term Program. We have come together with business people and the representatives of non-governmental organizations in the business world today and listened to the opinions of participants. A framework focusing on reducing the inflation rate will be set forth by means of the new medium term plan which will be disclosed”…
The BRICS Summit Is Held on July 25 to 27
Conferances Research
7/25/2018
President Erdoğan will attend the Summit as the "Term President of the Summit of the Organization of Islamic Cooperation"...
China's Silk Road Fund to Make Investment on ACWA Power's Solar Power Plant
Abroad Company News Renewables (HEPP, Wind, Solar, Biofuel)
7/24/2018
It is announced that China's Silk Road Fund will acquire a 24.01% equity interest in the 700MW DEWA Concentrated Solar Power (“CSP”) project in the United Arab Emirates.
G20 Communique
Reports Research Other News
7/23/2018
G20 Communique: "Short and medium term risks increased. For reducing the risks, dialogue should be increased and confidence has to be built up" IMF President Lagarde: "In the short term, increasing risks are trade tensions, financial pressures in vulnerable economies and return of sovereign risks in some parts of Euro Zone. In countries with excess current account deficits, procyclical fiscal policies have to be avoided".
ABB Purchased GE Industrial Solutions
Company News
7/23/2018
ABB CEO Spiesshofer, "This merger strengthened ABB’s world leader position in the field of electrification, enhanced our growth and competition capacity in key markets particularly like North America." Head of ABB Electrification Products Tarak Mehta, "Product portfolio of GE Industrial Solutions and ABB is comprehensive. Together we will create a more comprehensive and united portfolio. Altogether we will strengthen ABB’s position as the second in the world in the field of electrification".
TurkStream Project
Natural Gas Intergovernmental
7/23/2018
TurkStream Offshore Natural Gas Pipeline costal crossing works at Kıyıköy shore started as of 22 July 2018.
Annual Report
