Enerjisa inaugurates EUR 120 million hydroelectric plant in southern Turkey

Today’s Zaman - Enerjisa, a joint venture between Turkey’s Sabanci Holding and Austrian energy company Verbund, has opened its hydroelectric power plant, built at a cost of EUR 120 million, in the southern province of Kahramanmaras.

Prime Minister Recep Tayyip Erdogan, Energy and Natural Resources Minister Taner Yildiz, Environment and Forestry Minister Veysel Eroglu, Education Minister Nimet Cubukcu, Industry and Trade Minister Nihat Ergun, Sabanci Holding Chairwoman Guler Sabanci and Verbund Board Member Ulrike Baumgartner-Gabitzer participated the opening ceremony of the Hacininoglu Hydroelectric Power Plant in Kahramanmaras on Sunday.

Speaking at the ceremony, Sabanci said 2011 will be a year in which her group will invest heavily in the energy sector. She noted that Sabanci Holding is moving toward being the leading holding in the Turkish energy sector. Enerjisa invested about EUR 120 million in the 142-MW Hacininoglu Hydroelectric Power Plant. “2011 will be a year in which Enerjisa will invest more in sustainable energy projects. We will also put the 85-megawatt Menge Dam into service at the end of this year and the 39-MW Dagpazari Wind Farm in 2012,” Sabanci said.

Meanwhile, Verbund’s Gabitzer told the public this is the first time an international partnership invested such a large amount of money in the Turkish energy sector. “Our goal is to produce clean energy for the Turkish industry and private sector,” she said. “We opened our first wind farm in Canakkale province one month ago. Today, we are here to open the first hydroelectric power plant out of the many other hydroelectric power plants we plan to open in Turkey in the future.”
Turkey; energy sector; turkish energy market; energy investment; renewable energy; enerjisa; sabanci; verbund; kahramanmaras; hacininoglu; hyro power