Czech - Turkish consortium "Akenerji/Akkök/CEZ" has entered a tender
for Turkish Distribution
Czesko-tureckie konsorcjum "Akenerji/Akkök/CEZ" złożyło ofertę w
przetargu na zakup tureckich spółek dystrybucyjnych
Today, the consortium has submitted a biding bid for the Turkish Electricity
Distribution Privatization Tender which includes two distribution companies -
Sedas and Bedas.
In case of the positive result of the tender Akenerji Elektrik Üretim A.Ş., its parent company Akkök Sanayi Yatırım ve Geliştirme A.Ş. and CEZ, a. s. will form a Joint Venture under "AkCez OGG". CEZ should participate with 50 % in the stock capital, 45 % will belong to Akenerji and 5% to its parent company Akkök.
Electricity distribution in Sakarya (Sedas) distributes almost 8 TWh of electricity per year among 1.3 million customers. Neighbouring Baskent distribution (Bedas, also including capital city Ankara) sells yearly almost 10 TWh of electricity to 2.9 million customers.
Turkey, with its 70 millions people, is comparable to the whole Central Europe. 2006 demand for electricity reached around 170 TWh. Moreover, Turkish economy and electricity consumption has been growing rapidly for several years. Electricity consumption is growing about 8 - 9 % annually comparing to the European states with year-on-year growth at about 2 - 3%.
Considering low per capita electricity consumption (at 25 % of EU states average level), fast urbanization, increasing population (moreover Turkish average age of population is only 27.3 in comparison with 38.5 at EU) and increasing economic growth as well, it is expected that the electricity consumption will increase rapidly for the following years.
According to experts' estimation, Turkey will have to build about 50,000 MW of generation capacity till 2020 to meet its fast growing electricity consumption.