Odaş Elektrik Üretim ve Sanayi A.Ş. (ODAS)
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Odaş Elektrik Üretim ve Sanayi A.Ş. Profile
| Electric Utilities Industry | Utilities Sector | Mr. Burak Altay CEO | XIST Exchange | TREODAS00014 ISIN |
| Turkey Country | 1,251 Employees | 29 May 2015 Last Dividend | 24 Apr 2017 Last Split | - IPO Date |
Overview
Odas Elektrik Üretim Sanayi Ticaret A.S. is a prominent energy company based in Istanbul, Turkey. Founded in 2010, the company has established itself in the energy sector by utilizing a diverse range of energy sources to produce and sell electricity both domestically and internationally. With operations extending across various forms of energy generation, including natural gas combined cycles, solar energy, hydroelectric, and thermal power plants, Odas Elektrik serves as a vital player in meeting the energy needs of Turkey and beyond. Additionally, its engagement in the natural gas market, including the production, importation, and wholesale of natural gas, LNG, and CNG, positions it as a key stakeholder in the global energy landscape. The company's involvement in the mining sector, extracting and dealing with natural stones and mineral ores, further diversifies its portfolio, showcasing its multifaceted operations.
Products and Services
- Natural Gas Combined Cycle Power Plant
Odas Elektrik operates a plant with an installed capacity of 140 MW that generates electricity through the efficient process of natural gas combined cycles. This system is designed for high efficiency and low emission levels, making it an eco-friendlier choice for power generation.
- Solar Energy Power Plant
The company harnesses the power of the sun through its solar energy power plant, which has an installed capacity of 0.25 MW. Despite its smaller scale, this plant represents the company's commitment to renewable energy sources and its contribution to reducing carbon footprints.
- Hydroelectric Power Plant
With an installed capacity of 8.2 MW, Odas Elektrik's hydroelectric power plant utilizes the kinetic energy of flowing water to generate electricity. This form of energy production is renewable and contributes significantly to the company's sustainable energy portfolio.
- Thermal Power Plant
The thermal power plant operated by Odas Elektrik, with an installed capacity of 340 MW, demonstrates the company's capability in generating electricity on a large scale. Thermal power plants are crucial for meeting base-load energy demands, and this facility adds substantial value to the company's production capabilities.
- Natural Gas, LNG, and CNG Production and Wholesale
Odas Elektrik is involved in the production, importation, and wholesaling of natural gas, liquefied natural gas (LNG), and compressed natural gas (CNG). This segment of their operation not only diversifies their energy portfolio but also allows them to meet the growing global demand for cleaner fossil fuels.
- Natural Stone and Mineral Ores
The extraction, purchase, manufacture, importation, exportation, sale, and installation of various natural stones and mineral ores, including precious metals like gold and silver, as well as antimony and coal, showcase the company’s involvement in the mining sector. This adds another layer to its diversified operations, extending its reach beyond energy production into natural resource management.
