This company was established in order to operate the Sanandaj Combined Cycle Power Plant which consists of four gas turbines of V94.2 version of Ansaldo Company, each with a capacity of 159 MW and two steam units each with a capacity of 160 MW. The power plant is located on a 72 hectare land 7 km from Sanandaj on the road to Saqqez.
Construction of the gas section of Sanandaj Combined Cycle Power Plant started in 2004 by MAPNA MD-1 Company and construction of its steam section was launched in 2009 by MAPNA MD-2 Company.
Sanandaj Power Plant was possessed by Sanandaj Power Generation Company but 99.81% of its shares were ceded to MAPNA Company through barter of TAVANIR Company’s debts and claims of MAPNA Company, via off- exchange market.
Currently Kurdistan Power Generation Management Company (Private Joint Stock) is in charge of management of the power plant operation under the supervision of MAPNA Company.
Sanandaj Combined Cycle Power Plant is among the first MAPNA power plants that sells its generated electricity within the framework of a contract for supply of electricity in the electricity market and is completely different from other MAPNA Company power plants which have contracts for energy conversion.
Sanandaj Combined Cycle Power Plant is among the first private power plants in the country registered in the energy stock market. It sells part of its generated electricity within the framework of forward deals of energy stock market.