Bagistas Hydro Power Plant
Sector: Commercial • Location: Turkey
Source: World Bank Group
Bagistas 140 MW hydro power plant is situated at Bagistas, East of Turkey. This plant was to generate 500 GWh per year. The sponsor of the project was IC Ictas Enerji Group, wholly owned subsidiary of IC Holding[Turkey]. IC Ictas held license for Bagistas dam and hydroelectric power plant for 49 years until 2059 to build, rehabilitate, operate, and transfer the plant.
In December 2010, this proje
- Status
- Prospective
- Sector
- Commercial, Hydro, Power Generation (CCGT), Water Supply and Storage, Government
- Location
- Turkey
- Updated
- 22 Jul 2026
- Source
- World Bank Group
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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 | Bagistas 140 MW hydro power plant is situated at Bagistas, East of Turkey. This plant was to generate 500 GWh per year. The sponsor of the project was IC Ictas Enerji Group, wholly owned subsidiary of IC Holding[Turkey]. IC Ictas held license for Bagistas dam and hydroelectric power plant for 49 years until 2059 to build, rehabilitate, operate, and transfer the plant. In December 2010, this project reached financial closure by securing a US$253 million loan from Yapi ve Kredi Bankasi A.S and Vakifbank. The loan would mature on over a period of 13 years. |
Original sector | Energy |
Budget |
Location
Country | Turkey |
Source
Source | World Bank Group |
URL |
More Details
Record type | Project |
Sector | Commercial, Hydro, Power Generation (CCGT), Water Supply and Storage, Government |
Article published date | 2024-05-26 |
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