AKSA Energy to raise Kalecik Power Plant capacity to 223 megawatts

AKSA Energy has announced that it will increase the installed capacity of the Kalecik Power Plant, which operates in the Turkish Republic of Northern Cyprus, to 223 megawatts through a 35-megawatt additional investment. According to a report by the Anadolu Agency, the company stated in its announcement that the plant meets about half of the TRNC's electricity needs and that a capacity increase will be carried out.

According to the report, the investment will be made under an additional protocol that entered into force under a contract signed with the Turkish Cypriot Electricity Authority (KIB-TEK), raising the plant's existing installed capacity of 188 megawatts to 223 megawatts. Under an agreement signed between the company and KIB-TEK in 2023, the operating period of the Kalecik Power Plant was extended until 2038.

AKSA Energy CEO and Executive Board Chairman Naci Agbal said that strong and reliable energy infrastructure, particularly in island economies, is important for economic and social development. Agbal said the company has carried out long-term investments in the TRNC for more than 20 years and will continue to offer reliable and sustainable solutions to growing energy needs.