Alarko Holding is aware that sustainable power generation plants and smart power distribution networks will continue to gain importance in Turkey, like the rest of the world, and takes solid steps to pioneering this transformation. Alarko Holding Energy Group aims to diversify and develop its portfolio both through partnerships and by seeking investment opportunities on its own.
Engaged in generation and sales of electricity, Altek Alarko A.Ş. establishes and operates power plants in compliance with electricity market laws. Karakuz and Tohma Hydroelectric Power Plants and Kırklareli Combined Cycle Gas Power Plant are operated by Altek Alarko A.Ş. Altek Alarko A.Ş. is a subsidiary of Alarko Energy Group. Energy Group takes part in energy generation, distribution and wholesale trades, and aims to provide the needed supply for the national energy demand.
Founded by Alarko and Cengiz Holding as a joint venture, Cenal Elektrik Üretim A.Ş. continues its works for the establishment of a 1320 MWe power plant in Karabiga, Çanakkale, which will have a generation capacity of 9,900 GWh/year and run on imported coal. This power plant is planned to be operational by 2018. Two criteria were prioritized for the establishment of this power plant: environmental-friendliness and efficiency.
Currently, the solar power plants are under construction with an awareness of the importance of renewable resources.
Meram Elektrik Dağıtım A.Ş. (MEDAŞ) was acquired on 30 October 2009 when Alcen Enerji Dağıtım ve Perakende Satış Hizmetleri A.Ş., an Alarko-Cengiz joint venture, was awarded the contract by the Privatization Administration. MEDAŞ covers the largest distribution region in Turkey in terms of surface area, with the provinces of Konya, Karaman, Aksaray, Nevşehir, Niğde and Kırşehir included in its distribution network, encompassing an area of 76,932 square kilometers. MEDAŞ distributes 8.0 billion Kwh of power in 6 provinces and 65 districts, serving 1.8 million consumers and 4.5 million citizens in the region.
In 2012, "distribution activities" were separated from "retail sales activities" pursuant to the Electricity Market Law and electricity sales to end consumers started to be handled by MEPAŞ. Having provided 4735 GWh and 1300 GWh of power for nearly 1.8 million customers and 60,000 eligible consumers, respectively, in 2014, MEPAŞ offers subscription, billing and collection services. Having a total of 42 locations, MEPAŞ is aware of its responsibilities towards its customers and aims to become a leader in the industry with high-quality services.
Founded in 2011, MESAŞ is authorized to purchase electricity through bilateral agreements, import electricity and engage in direct wholesale of electricity at a national level in line with the specified criteria, through Over-the-Counter Market Transactions and under the scope of an EMRA (Energy Market Regulatory Authority) license. MESAŞ is primarily engaged in selling electricity to the high-consumption customers in its service region at discount prices. In 2014, the company sold 574 GWh of electricity to 2700 eligible consumers. Sales are also made to eligible consumers outside the service region. Since Alarko aimed to be engaged in energy trade (buying and selling) in addition to power generation, a supply license was obtained in April 2014 from EMRA for Alen Alarko Enerji Ticaret A.Ş. A Market Participation Agreement was signed with TEİAŞ for Alen and an application was filed for registration in the Capacity Auction Tool (TCAT) for cross-border trade with Bulgaria. Alarko Energy Group has a flexible system that has been designed to match with the dynamic structure of the energy trade market.