KARPOWERSHIP ASIA COMPANY PRIVATE LIMITED

Location: This entity is associated with Karpowership, which is a subsidiary of Karadeniz Holding, a Turkish company headquartered in Istanbul, Turkey.

Company Introduction: Karpowership is a global leader in providing fast-track, reliable, and flexible electricity solutions. The company specializes in the design, construction, ownership, and operation of a fleet of Powerships, which are floating power plants. These Powerships are deployed worldwide to provide immediate and scalable electricity to countries and regions facing energy shortages. Karpowership offers integrated energy solutions, covering all aspects from fuel supply to power generation and transmission, making it a comprehensive energy provider.

Factory or Trader: It is an Independent Power Producer (IPP) and an energy solutions provider. It is not a trader. While not a traditional factory in the sense of mass-producing consumer goods, it is heavily involved in the industrial design, construction, conversion, and operation of large-scale power generation assets (the Powerships). Therefore, it operates more akin to an industrial producer and service provider rather than a mere trading company.

KARPOWERSHIP ASIA COMPANY PRIVATE LIMITED, as a subsidiary of the Turkish Karpowership group (Karadeniz Holding), is primarily involved in the sale, lease, and operation of the following products and services:

1. Powerships: These are custom-built, self-propelled floating power plants. The engineering and manufacturing of these vessels are carried out in Turkey by the parent company, Karpowership. KARPOWERSHIP ASIA COMPANY PRIVATE LIMITED facilitates their deployment, leasing, and operation in various regions.

2. Electricity Generation and Supply: The provision of fast-track, reliable electricity directly to national grids using the deployed Powerships.

3. Integrated Energy Solutions: Comprehensive services that include fuel supply (such as LNG or HFO), full operation and maintenance of the Powerships, and connection to the local power infrastructure, offering complete turnkey power solutions.