The InterGen-ENKA consortium, was awarded the right to build and operate the Adapazarı (770 MW), Gebze (1540 MW), and Izmir (1520 MW) power plants, by winning the BOO (Build Own and Operate) TEAS (the Turkish electrical authority) tender in 1997. The projects are governed by the Energy Sales Agreements (ESA), with durations of 20 years, including the development and construction time. This electricity will be the cheapest private electricity sold to the state in Turkey.
Five thousand workers have participated in both the manufacturing of components and construction of the Izmir power plant. During the construction phase, at the peak time, the various companies employ approximately 1700 workers. A permanent technical & administration team of 124 is now staffed for the plant Operation and Maintenance. All of the necessary financing for the power plant was obtained by the InterGen-ENKA Consortium. The only government backing being a Treasury Guarantee in support of TEAS’s obligations to pay for the electricity sold under the ESA.
InterGen is a joint venture between Bechtel (the leading US contractor) and The Royal Dutch / Shell Group (Netherland). ENKA is a major Turkish conglomerate of companies, including the country’s largest construction company. The Turnkey Construction Contractor for the projects is the Bechtel-Enka Joint Venture; major equipment suppliers are General Electric (Gas Turbines), CMI of Belgium (Heat Recovery Steam Generators) and Alstom (Steam Turbines).