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Turkiye Elektrik Ticaret Ve Taahhut Anonim Sirketi (Turkiye)

Main Activities: Electric Power Distribution
Full name: Turkiye Elektrik Ticaret Ve Taahhut Anonim Sirketi Profile Updated: February 24, 2020
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Turkiye Elektrik Ticaret ve Taahhut A.S. (TETAS, Тurkey Electricity Trading and Contracting Company) was established in 2001 after dividing the Turkey Electricity Generation and Transmission Company (TEAS) into three parts, within the context of liberalization of the energy sector. TETAS is related organization to the Ministry of Energy and Natural Resources (Enerji ve Tabii Kaynaklar Bakanligi - ETKB) and its activities are subject to the provisions of a special law. Established with a capital of 50 Trillion TL in 2004 it was raised to 179 million YTL. The Organization established for trade electricity on behalf of public in 2001 undertook 15-20 year energy purchase contracts signed by public and transferred this purchased energy to distribution companies and private customers by balancing it in terms of quantity and price, according to the principle of meeting the undertaken costs and not discriminating between equal parties.

Headquarters
Eskisehir 7 Km No:166 Mustafa Kemal Mahallesi Dumlupinar Bulvari Cankaya
Ankara; Central Anatolia; Postal Code: 6530

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Website: http://tetas.gov.tr

Basic Information
Total Employees:
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Outstanding Shares:
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Incorporation Date:
October 01, 2001
Key Executives
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Director
Ownership Details
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