Bloomberg Anywhere Remote Login Bloomberg Terminal Demo Request


Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.


Financial Products

Enterprise Products


Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000


Industry Products

Media Services

Follow Us

Turkey’s Aksa Elektrik Will Sell Electricity to Syria

Aksa Elektrik Toptan Satis AS, a Turkish trader of electricity, will sign a contract within a week to sell up to 500 megawatts of electricity a year to neighboring Syria, the company’s business development manager said today.

“All documents have been signed after we agreed on all terms and conditions of the deal,” Mutlu Sevimli said in an interview at a conference in Damascus. The sale would involve about one fourth of Aksa’s 2,000 megawatts of annual production, he said.

“We are also very much interested in investing in power production and distribution in Syria,” Sevimli said. “We have submitted tender documents for power projects in Syria in both wind and natural gas power generation plants.” Aksa Elektrik is owned by Turkey’s Kazanci Holding AS.

Turkey has exported electricity to Syria since 2006. The Arab country paid 93.8 million euros ($131.4 million) for Turkish electricity over the last two years combined, Syrian Deputy Electricity Minister Hisham Mashfej said at the same industry conference.

Officials from the two nations signed an agreement today to expand their cooperation in the power industry.

Syria plans to spend 350 billion Syrian pounds ($7.5 billion) on power projects and will focus on renewable energy, the official SANA news agency reported in December, citing Electricity Minister Ahmad Kayali. The envisaged projects include solar and wind plant, the minister said, according to SANA.

Please upgrade your Browser

Your browser is out-of-date. Please download one of these excellent browsers:

Chrome, Firefox, Safari, Opera or Internet Explorer.