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Engie and Other Companies Want to Advance Billions to the Government to Keep Hydroelectric

Operators of hydroelectric power plants, such as Engie and other groups, want to offer the government billionaire payments to guarantee the early renewal of their concession contracts for up to 30 years that they win in the short and medium term. This possibility entered the radar of the companies after the approval of a law at the end of last year that changed the rules of the sector. Until then, the power plants that reached the end of the con…
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Highlighting that a historical record was reached in hydroelectric power generation thanks to the rainy year, HESİAD President Elvan Tuğsuz Güven stated, "Hydroelectric power generation reduced energy imports by approximately 5 billion dollars."

·Istanbul, Türkiye
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Operators of hydroelectric power plants, such as Engie and other groups, want to offer the government billionaire payments to guarantee the early renewal of their concession contracts for up to 30 years that they win in the short and medium term. This possibility entered the radar of the companies after the approval of a law at the end of last year that changed the rules of the sector. Until then, the power plants that reached the end of the con…

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braziljournal.com broke the news on Thursday, July 23, 2026.
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