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Akfen Demirciler SHPP

Sector: Hydro • Location: Turkey

Source: World Bank Group

Project
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Akfen Holding (IST: AKFEN), via its subsidiary Akfen Hidroelektrik Santrali Yatirimlari, developed the 8.4MW Demirciler small hydropower plant, in Denizli province. The project was expected to generate 30.5GWh annually. The project company was PAK Enerji Uretimi.

The project was commissioned in two stages. The first 3.1MW became operational on August 3rd 2012. The second 5.3MW was commissioned on

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The project “Akfen Demirciler SHPP” is an infrastructure initiative in the Hydro sector, located in Turkey. Taiyo aggregates data on it from World Bank Group.

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Description

Description

Akfen Holding (IST: AKFEN), via its subsidiary Akfen Hidroelektrik Santrali Yatirimlari, developed the 8.4MW Demirciler small hydropower plant, in Denizli province. The project was expected to generate 30.5GWh annually. The project company was PAK Enerji Uretimi. The project was commissioned in two stages. The first 3.1MW became operational on August 3rd 2012. The second 5.3MW was commissioned on August 28th 2012. Output was sold to the national grid. Akfen's run-of-river hydro projects enjoy a purchase guarantee US$0.73/MWh for 10 years. No financial information was available. Average cost for small hydropower plants in ECA (2011), was US$1.4 million, implying US$ 11.8 million. Financial closure date was estimated at August 2012 (commissioning date). SeeNews Renewables, Akfen powers up 5.3MW phase of HPP in Turkey, 29 August 2012.

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