June 12 (SeeNews) - Turkish yarn and fabrics producer Arsan Tekstil Ticaret ve Sanayi [BIST:ARSAN] said its unit Arsan Dokuma Boya Sanayi ve Ticaret put online 4.39 megawatts (MW) of capacity, completing the first stage of a project for a 8.78 MW natural gas-fired co-generation plant.
Arsan Tekstil made the statement on Borsa Istanbul on Monday.
Arsan Dokuma Boya received an auto-producer licence from Turkey's energy market watchdog to produce power for its own needs from the co-generation plant for 49 years, Arsan Tekstil said in a bourse filing in March.