The second energy plant in Israel built by the Zorlu Holding, one of the biggest corporate groups in Turkey, started operating in Ashdod on Dec. 20. According to a written statement released by the company, the Ashdod natural gas power plant built by the Ezotech Electric Limited Company, 42.15 percent of which is held by Zorlu Holding, has 55-watt power. The power plant, which is located in the Northern region of the Ashdod province of Israel, cost about $110 million.

Moreover, in 2003, Zorlu Energy took a 25 percent share in Dorad to undertake investment, contracting, operational and maintenance services for a natural gas power plant project in Ashkelon, Israel. Zorlu Holding built the largest power plant ever as a private investor in Israel. In addition to the 55-megawatt Ashdod, the group also has other investments in progress in Israel, such as the 120-megawatt Ramat Negev natural gas power plants. By the time all of these investments are completed, Zorlu Holding will supply 7 percent of Israel's energy.