BND Elektrik Üretim A.Ş. Owns three licenses for river-type hydropower plants with an installed capacity of 20.3MW.

The company is finalizing studies to start construction. It is in the final round of negotiations for choosing its construction and turbine manufacturer partners.

Current total project costs are at approximately USD35.0 million.

All three projects have no revenue sharing commitment to the State, a commitment reflected on all new coming projects, increasing the value of the investment.

Nas A Sanayi ve Ticaret A.Ş. currently has applications for three projects with an installed capacity of approximately 20MW.

Licenses are expected to be granted in 2010.

Projects have no revenue sharing commitment to the State.


Mehmet Kosematoglu
Managing Director
Berggruen Holdings
Tesvikiye Caddesi no 97/8
Istanbul, Turkey

Tel: + 90 212 236 3499
Fax:  + 90 212 227 2794