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Bagistas Hydro Power Plant

Sector: Water Supply and Storage • Location: Turkey

Source: World Bank Group

Project
Active

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

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The project “Bagistas Hydro Power Plant” is an infrastructure initiative in the Water Supply and Storage sector, located in Turkey. Taiyo aggregates data on it from World Bank Group.

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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.

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High

Data quality score

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