Akocak Hydropower Plant
Sector: Hydro • Location: Turkey
Source: World Bank Group
Government of Turkey awarded Akenerji for the right to manage operate Erikli, Akocak Regulators and a 79 MW Akocak Hydroelectric Power Plant Project for 40 years in April 2005. The company won the project in a competitive bidding by submitting the highest bid of TRY 952,000 or USD 700.5 thousand for the 40-year license. The company beat two other competitors--Yapisan’s (which bid TRY 300,000) and
- Status
- Prospective
- Sector
- Hydro, Power Generation (CCGT), Government, Commercial
- Location
- Turkey
- Updated
- 22 Jul 2026
- Source
- World Bank Group
ConstructChat
Ask ConstructChat about Akocak Hydropower Plant
Pick a question to edit it, or write your own.
First answer free · no account
Project Information FAQ
Project Information
Participants
Sponsoring Agency |
Status
Original status | Active |
Taiyo status | Prospective |
Taiyo last update | 2026-07-22 |
Contact
| Not available for this record. |
Description
Description | Government of Turkey awarded Akenerji for the right to manage operate Erikli, Akocak Regulators and a 79 MW Akocak Hydroelectric Power Plant Project for 40 years in April 2005. The company won the project in a competitive bidding by submitting the highest bid of TRY 952,000 or USD 700.5 thousand for the 40-year license. The company beat two other competitors--Yapisan’s (which bid TRY 300,000) and Ayen Enerji (which bid TRY 26,000). Under the agreement, Akenerji agreed to invest USD 73 million. The Akocak HPP is located in Araklı county of Trabzon province . The financial closure was reached in December 2006, after Akenerji secured a loan of USD 50 million from Yapi Kredi Bankasi. The project became operational in July 2010. |
Original sector | Energy |
Budget |
Location
Country | Turkey |
Source
Source | World Bank Group |
URL |
More Details
Record type | Project |
Sector | Hydro, Power Generation (CCGT), Government, Commercial |
Article published date | 2024-09-19 |
Research
Free account
View all details
You are reading the public part. A free account opens the rest:
- Every detail on this project
- News and media coverage
- Technical research
Free account · no card · lands you back on this project