
Aksa Energy, is a publicly traded energy company which was incorporated in 1997 and generates electricity. The main shareholder of Aksa Energy is Kazancı Holding. Cemil Kazancı is the Board Chairman and CEO of the Company. Aksa Energy, having 13 power plant investments in 8 countries, carries out all power plant installation processes from project designing to procurement, construction and installation within its own organization. Aksa Energy has constructed and oper. [pdf]
Aksa Energy's current global projects include a 430MW natural gas power plant in Talimarjan, Uzbekistan, a 240MW heat and power plant in Kyzylorda, Kazakhstan, a 350MW natural gas power plant in Kumasi, Ghana, and a 255MW natural gas power plant in Saint Louis, Senegal.
In the beginning of 2021, Aksa Energy also signed a 30-year concession agreement regarding the operating rights of a natural gas power plant with an installed capacity of 50 MW in the Republic of Congo. With its geographical diversity strategy, Aksa Energy continues its investments in all geographies that need energy abroad.
Following its successful investments in Africa, Aksa Energy entered Asia with Uzbekistan investment. Aksa Energy continues to diversify its portfolio geographically with Tashkent and Bukhara natural gas combined cycle power plants which will have a total installed capacity of 740 MW.
In 2018, Aksa Energy signed a power purchase agreement with Societe Jiro Sy Rano Malagasy (Jirama) for the rehabilitation and operation of a 24 MW power plant located next to Madagascar Heavy Fuel Oil Power Plant. According to the agreement, electricity generated by the power plant is being sold to Jirama via guaranteed sales in US dollars.
In 2015, Aksa Energy signed a power purchase agreement with the government of the Republic of Ghana for the guaranteed sale of electricity for a duration of 6.5 years with a tariff based on US dollars.
On 21 January 2021, Aksa Enerji Üretim A.Ş.’s 100% subsidiary Aksa Energy Company Congo has signed a concession agreement with Republic of Congo about obtaining operating rights of a 50 MW natural gas power plant in the city of Pointe-Noire. Natural gas is expected to be supplied from Congo’s local gas reserves.
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