Operation Rights of 3 River Type Power Plants for 49 Years

NAS Energy Co. Inc., which is a member of FERNAS Group of Companies, won the tender for “Privatization of  Çağ Çağ, Otluca and Uludere River Type Power Plants, which is owned by EÜAŞ – Turkish Electricity Generation Co. Inc., by the Method of Transfer of Operational Rights” on 18 May 2010.

NAS Energy Co. Inc. has quoted 40,800,000 US Dollars for the transfer of operational rights of subject river type power plants for the operational period of 49 years. Total power of the mentioned power plants is 16.32 MW and 44.7 million kwh/year electricity shall be generated.