Edition:
United States

Aksa Enerji's power plant in Mali becomes fully operational


Friday, 29 Sep 2017 03:18am EDT 

Sept 29 (Reuters) - AKSA ENERJI URETIM AS ::30 MW OF 40 MW POWER PLANT IN MALI HAS BEEN COMPLETED AND BECOME FULLY OPERATIONAL AFTER MINISTRY APPROVAL.THE PLANT WHICH WILL SELL ENERGY IN EUROS, WILL ENSURE THAT HEDGING OUR FOREIGN CURRENCY DEBT WITH A NATURAL MECHANISM, INCREASE PROFITABILITY AND SALES VOLUME.IT IS EXPECTED THAT THE PLANT WILL GENERATE AN EBITDA OF $ 10 MILLION/YEAR AND MEET 13% OF THE TOTAL CONSUMPTION OF THE COUNTRY.WITH THE START OF OUR COMMERCIAL OPERATION AT MALI POWER PLANT, COMPANY'S TOTAL INSTALLED POWER IN AFRICA REACHED 386 MW AND ITS TOTAL INSTALLED POWER REACHED 2,377 MW. 

Company Quote

3.81
-0.09 -2.31%
12 Dec 2017