Brief: Biotrend Says Its Subsidiary Wins Izmir Municipal Tender Worth 3.8 Mln Lira Plus Vat

Biotrend Cevre ve Enerji Yatirimlari

02/08/2024 07:25

Aug 2 (Reuters) - BİOTREND ÇEVRE VE ENERJİ YATIRIMLARI
 BIOEN.IS :
    * SAID ON THURSDAY ITS SUBSIDIARY İZMIR DOĞU STAR ELEKTRIK
ÜRETIM
WINS IZMIR METROPOLITAN MUNICIPALITY'S TENDER TO BUILD RECYCLED
FUEL PRODUCTION FACILITIES AND OPERATE IT FOR 20 YEARS
    * SUBSIDIARY İZMIR DOĞU STAR ELEKTRIK ÜRETIM TO PAY 3.8
MILLION
LIRA PLUS VAT 
    * WITH WINNING OFTENDER, ADDITIONAL INVESTMENT REQUIREMENTS
HAVE
ARISEN SUCH AS EXECUTION OF CONSTRUCTION AND FEASIBILITY
STUDIES, PERSONNEL ORGANISATION, FACILITY SECURITY AND
APPLICATIONS TO BE MADE AND OBTAINING NECESSARY EIA DECISIONS
AND PERMITS
    * WITH THESE REQUIREMENTS, TOTAL INVESTMENT COST IS
ESTIMATED TO
BE NEARLY USD 3 MILLION
    * IT IS PLANNED TO PRODUCE 50,972 TONNES OF ATY PER YEAR IN
FACILITY TO BE ESTABLISHED IN A WAY THAT IT CAN BE SOLD TO THE
MARKET OR USED AS RAW MATERIAL BY OUR COMPANY

        
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