The General Directorate of State Hydraulic Works (DSİ)
of the Ministry of Energy and Natural Resources of Turkey has announced and
invited bids for the hydroelectric power plant (HEPP) projects under construction
for which applications can be made. Bids have also been invited for Köprübaşi
Dam and HEPP Facilities which is among such projects and whose construction
is continuing in Mengen district of Bolu province, and, as a result of the
bidding process, said contract has been awarded to Yüksel Enerji Elektrik
Üretim ve Ticaret AŞ. (Yüksel Energy Electricity Generation and Trade Corp.)
Construction of Köprübaşi Dam and HEPP Facilities, whose construction
is currently contracted out by the General Directorate of DSİ, will be completed
by our Company starting from a certain stage pursuant to the Law, where
energy generation and sales will be realized for a period of 49 years.