Kayseri ve Civari HPPs - Group 13

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In June 2010, the Turkish Privatization Administration (Ozellestirme Idaresi Baskanligi or OIB) awarded the concession to operate four mini hydro power plants, known as Group 13 and with a total capacity of 5.092 MW, to the Turkish regional Electricity distributor Kayseri ve Civari Elektrik. The minihydro power plants were 0.5-MW Derme plant, the 0.832-MW Kernek plant, the 0.32-MW Erkenek plant and the 0.272-MW Besni plant in Adiyaman and Malatya, Turkey. They were transferred under the Transfer of Operating Rights (TOR) scheme, which made it classified as a BROT concession in the PPI database. The project was expected to sell electricity produced in the liberalized electricity market in Turkey. Kayseri ve Civari Elektrik won Group 13 mini hydro plants by offering US$13.8 million in the public auction with 22 bids in total. Group 13 was one of the 19 groups of small and medium hydro power plants which OIB tendered to private consortia in February 2010. The 19 groups comprised 52 small and medium size hydro power generation plants which were owned by state-owned power firm Elektrik Uretim A.S. (EUAS) and had a total capacity of 141 MW. The 19 groups were auctioned in by competitive bidding attracting 615 bids. In May 2010, the final negotiations were completed in May 2010 for 17 tenders out of 19 in total, except groups 11 and 12. The tenders for these two groups would be held at a further date, as the plants in these groups were located at a disaster area on a historical site. In June 2010, the final negotiation for Group 11 was completed and Group 12 was to be canceled for its tender. The privatization process of most of the 19 groups concluded in 2011. According to the privatization agency, the process was completed on April 5th, 2011, when the shares where transferred to the private sponsor for US$13.8 million Project stays was un hidden - according to the privatization the sale closed http://www.oib.gov.tr/program/uygulamalar/2011_uygulamalar/2011_Completed%20implementations.htm