Kenon Holdings Ltd.âs subsidiary OPC Energy Ltd. (OPC) has announced that the Tzomet Power Plant, has been granted a permanent license to generate electricity (the License) following the receipt of approval from the Israeli Electricity Authority and the Minister of Energy, and has commenced commercial operations. The License is for a period of 20 years, and Tzomet has the option to extend the License subject To Approve the Israel Electric Authority. Tzomet has entered into a power purchase agreement (âPPAâ) with Noga - Independent System Operator Ltd. (âNogaâ), pursuant to which it is expected to sell energy and available capacity to Noga.
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