Page 65 - Annual Report 2019
P. 65

urol Göksu has been established in 2013 and has
                acquired the operation right of Göksu HEPP via
        NPrivatization Authority for 49 years.

         Göksu HEPP (run of river type hydroelectric power plants)
         located on the Göksu river in the vicinity of Konya province
         was taken into operation in 1959 with utilizing 80 m head.
         Göksu HPP has 10,8 MW installed capacity and produces
         annually 60 GWh energy with a consistent and stable high
         capacity factor and steady flow regime.

         Since Göksu HEPP is a renewable energy sourced project,
         it contributes the reduction of 36.000 tons of CO  emission
                                                  2
         annualy.

         Göksu  HEPP's team  is operating the  Plant  under the
         optimum operating conditions. Generated electricty is
         sold under competitive free market conditions.
                                                                NUROL GOKSU ELECTRICITY INC. (Thousand TL)
         The investments for the rehabilitation and modernization of
         the equipments and water structures of the plant have been                       2017     2018    2019
         carried out for reliable and continuous operation perspective.  TOTAL ASSETS    171.337  243.754  288.582
                                                                SALES INCOME              8.568   16.966  25.054
                                                                EBITDA                    5.626   11.002   14.704
                                                                Figures are calculated from the consolidated financial statements in accordance with IFRS.
                                                                Nurol Energy Inc. is a management company with negligible financials.



                                                                                                        64
   60   61   62   63   64   65   66   67   68   69   70