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Dere and Ivriz Hydro Power Plants

Sector: Hydro • Location: Turkey

Source: World Bank Group

Project
Active

Ulke Yatirim Arastirma Gelistirme Madencilik was awarded the operating rights of Dere and Ivriz Hydro Power Plants for 49 years.

Ulke Yatirim Arastirma Gelistirme Madencilik, a local Turkish company, won the competitive tender conducted by the Privatization Administration of Turkey (OIB) on 9 May 2014 by submitting the highest bid of USD 2.3 million. Six companies had submitted their bids.

Fina

Status
Prospective
Sector
Hydro, Power Generation (CCGT), Government
Location
Turkey
Updated
22 Jul 2026
Source
World Bank Group

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The project “Dere and Ivriz Hydro Power Plants” is an infrastructure initiative in the Hydro sector, located in Turkey. Taiyo aggregates data on it from World Bank Group.

Participants

Sponsoring Agency

Status

Original status

Active

Taiyo status

Prospective

Taiyo last update

2026-07-22

Contact

Not available for this record.

Description

Description

Ulke Yatirim Arastirma Gelistirme Madencilik was awarded the operating rights of Dere and Ivriz Hydro Power Plants for 49 years. Ulke Yatirim Arastirma Gelistirme Madencilik, a local Turkish company, won the competitive tender conducted by the Privatization Administration of Turkey (OIB) on 9 May 2014 by submitting the highest bid of USD 2.3 million. Six companies had submitted their bids. Final negotiations of the tender were completed on May 21, 2014 and the final agreement was signed thereafter.

Original sector

Energy

Budget

Location

Country

Turkey

Source

Source

World Bank Group

URL

More Details

Record type

Project

Sector

Hydro, Power Generation (CCGT), Government

Article published date

2024-05-17

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