World Bank lends $358M for Turkey's electricity sector

The World Bank is issuing $358 million to shore up Turkey’s electricity sector. The loan, which the bank will channel to state-run Elektrik Uretim AS, will support the Electricity Generation Rehabilitation and Restructuring Project. This program seeks to privatize the market and help new corporate entities manage their operation. (Source: World Bank approves 280 mln euro loan to Turkey on electricity/Xinhua)

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