Denizli Natural Gas Fired Combined Cycle Power Plant
In 2009, Turcas signed a partnership agreement with the German RWE AG Group – one of the world’s biggest energy companies – to invest in a large-scale power plant. This agreement established the joint venture company RWE &Turcas South Power Generation. Denizli Natural Gas Fired Combined Cycle Power Plant, with 800 MW installed capacity and a total investment cost of nearly EUR 600 million, started operations after obtaining acceptance from the Ministry of Energy and Natural Resources on June 22, 2013. RWE & Turcas South Power Generation operates the natural gas combined cycle power plant, which bears the capacity to generate about 6 terawatt-hours of power annually. The paid-in capital of RWE & Turcas South Power Generation is TL 1,527,000,000. Since 2013, Turcas has made value with its high availability rate. The power plant, operational for 4.5 years, has created value with its high availability. Boasting load ramp-up/ramp-down flexibility, the plant has fully met the load orders of the system operator TEİAŞ and provided support for network supply security.