Kib-Tek to Borrow 50 Million TL to Purchase Fuel

December 26, 2021

North Cyprus News - Kib-Tek Power Station — [Teknecik Power Station]

State Electricity Authority Kib-Tek will borrow 50 million Turkish Lira from CreditWest maturing at 24 months and with a variable interest of 10 percent, Kibris Postasi reported.

This loan, approved by the Council of Ministers, is to be used for fuel payments.

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Kib-Tek to Borrow 50 Million TL to Purchase Fuel

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