Statkraft to build its third hydropower plant in Turkey
(Thomson Reuters ONE) -
(Oslo, 16 September 2011) Statkraft has decided to construct the Cetin
hydropower plant in Turkey. The power plant will be Statkraft's largest
hydropower plant outside Norway, with an installed capacity of 517 MW. Cetin
will have an average annual production of 1.4 TWh, enough to supply electricity
to 460,000 Turkish homes. The investment cost is estimated to about EUR 500
million.
Cetin is located on the Botan River, a tributary to the Tigris River in the
Siirt province, in the southeast part of Turkey. The project is planned with two
dams and two power stations. Cetin Main will have an installed capacity of 401
MW and a significant reservoir. Further downstream, Cetin Lower is planned with
an installed capacity of 116 MW.
The civil works will be conducted by a Joint Venture between the two Turkish
constructors Yuksel and Ilci. The Austrian company Andritz Hydro is nominated as
contractor for electro-mechanical equipment. Cetin will employ about 1500
workers during the construction phase.
- Cetin will considerably increase Statkraft's capacity in Turkey, in line with
our strategy to become a significant generator of flexible hydropower in Turkey.
Cetin is a sustainable project, providing Turkey and Europe with more pure
energy while creating jobs and local development, says EVP International
hydropower in Statkraft, Øistein Andresen.
Turkey is the fastest growing power market in Europe, and the annual electricity
demand is expected to double from 200 to 400 TWh by 2020. Hydropower today
generates about 20 percent of the electricity used in Turkey, and there is
substantial potential for further hydropower development.
Statkraft's first hydropower plant in Turkey, Cakit (20 MW), started commercial
operation in June 2010. Kargi (102 MW) is under construction and is expected to
be operational by the end of 2013. After the completion of Cetin in 2015,
Statkraft will have a total capacity of 639 MW and a total annual output of
approximately 2 TWh in Turkey.
Statkraft is Europe's leader in renewable energy. The group develops and
generates hydropower, wind power, gas power and district heating, and is a major
player on the European energy exchanges. Statkraft has 3 300 employees in more
than 20 countries.
For further information, contact:
Øistein Andresen, EVP International hydropower, Statkraft AS
tel.: +47 24 06 72 13 / +47 995 71 922
Tima Iyer, SVP Southeast Europe, Statkraft AS
tel.: +47 24 06 74 69 / +47 906 23 475
www.statkraft.com
This information is subject of the disclosure requirements acc. to §5-12 vphl
(Norwegian Securities Trading Act)
This announcement is distributed by Thomson Reuters on behalf of
Thomson Reuters clients. The owner of this announcement warrants that:
(i) the releases contained herein are protected by copyright and
other applicable laws; and
(ii) they are solely responsible for the content, accuracy and
originality of the information contained therein.
Source: Statkraft via Thomson Reuters ONE
[HUG#1547273]
Unternehmensinformation / Kurzprofil:
Datum: 16.09.2011 - 14:41 Uhr
Sprache: Deutsch
News-ID 64925
Anzahl Zeichen: 3466
contact information:
Town:
Oslo
Kategorie:
Business News
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