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The Ministry of Environment, Energy & Climate Change issued a decision on 17/1/2013 for licensing the
commercial service of the electric power / heat cogeneration plant of ‘ALUMINIUM S.A.’. As of 28/11/2012,
the plant in question was already in commissioning status as Distributed High Performance Electric Power /
Heat Cogeneration Plant (trial operation of Distributed HPEPHC) by the market operator, after having signed
a supplementary transaction contract, and estimating and billing accordingly the electric power infused to the
grid.
MYTILINEOS Group subsidiary ALUMINIUM S.A. has signed, in February 2013, with Swiss-based multinational
Glencore a contract for the sale of 75,000 tons, in total, of aluminium in billets. These quantities will be exported
to the European market from January 2013 to June 2014.
METKA S.A., a subsidiary company of MYTILINEOS Group, announced the following new contracts:
Α) In May 2013, METKA announced the signing of a new contract with Société Algérienne de Production de
l’Electricité (SPE Spa), in consortium with General Electric. This is METKA’s third major project in Algeria and
it concerns the engineering, procurement, construction and commissioning of an open cycle gas turbine power
plant with two gas turbines and a total output of 368.152 MW at site conditions.
The total contract value for METKA is EUR 72,055,270 plus DZD 2,127,010,929 (total approx. EUR 92.8 million)
and the contracted schedule is 29.5 months.
B) In July 2013, METKA announced that a contract has been signed with the Ministry of Electricity of Iraq, for
the Al-Anbar Combined Cycle Project. This is METKA’s second major project in Iraq and will be carried out by
the “Consortium METKA S.A. (METKA) - METKA Overseas Ltd (MOL)”.
Theprojectwill be carriedout incollaborationwithSEPCOIII ElectricPowerConstructionCorporation (SEPCOIII).
According to the agreement framework between the companies, SEPCOIII has acquired MOL company shares
at nominal value from METKA on 28.6.2013, whilst final details of the project execution agreement are still
under discussion and will be defined to ensure an effective scheme in the best interest of the project, as well
as an acceptable risk profile for the parties involved.
The project concerns the engineering, procurement, construction and commissioning of a combined cycle gas
turbine power plant with a total output of 1,642.6 MW at site conditions.
The total contract value of the contract is $1,050 million and the contracted schedule is 32 months.
C) In September 2013, METKA announced the successful completion of the OMV Samsun 870 MW combined
cycle power plant project in Turkey. METKA scope covered the complete engineering, procurement and
construction of the power plant, consisting of two single shaft combined cycle units with main equipment
(2 x 109FB) supplied by General Electric. The site has space for expansion of the power plant, and related
infrastructure has been implemented to enable installation of a future third unit.
The power plant is provided with direct seawater cooling from the Black Sea. The related seawater cooling and
related marine works, also successfully completed by METKA, represented the most challenging part of the
project.
As a result of the successful completion of the project, the parties managed to resolve pending issues and the
provisional acceptance certificate for the plant has already been issued and signed.
In August 2013, MYTILINEOS HOLDINGS S.A., in accordance with article 2 of Decision 3/347/12.7.2005 of the
