Egemer CCGT Power Project
Sector: Natural Gas • Location: Turkey
Source: World Bank Group
Egemer CCGT was a 900MW combined-cycle gas fired power plant located in Hatay Turkey. The project was the largest greenfield power project developed in Turkey in the past decade, and was to be developed on a merchant basis in the liberalized Turkish electricity market.
The project company set up for the construction and operation of the plant was Egemer Elektrik Uretim who also received a license
- Status
- Prospective
- Sector
- Natural Gas, Power Generation (CCGT), Government, Commercial
- 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 | Egemer CCGT was a 900MW combined-cycle gas fired power plant located in Hatay Turkey. The project was the largest greenfield power project developed in Turkey in the past decade, and was to be developed on a merchant basis in the liberalized Turkish electricity market. The project company set up for the construction and operation of the plant was Egemer Elektrik Uretim who also received a license in 2009 to build the plant. The company was onwed by Czech CEZ (37.5%),Turkish Akkok Sanayi Yatirim ve Gelistirme (37.5%); while the remaining shares (25%) were listed on the Istnbul Stock Exchange. In March 2009, Akenerji(part of the Akkok Group)bought a 98.99% stake in Egemer Elektrik Uretim. In November 2011, Akenerji secured financing for the power project. Turkish local banks, Garanti, Yapi Kredi and Vakiflar provided a 12-year US$651 million loan for the project, each providing US$217 million The project was expected to be operational by 2014. |
Original sector | Energy |
Budget |
Location
Country | Turkey |
Source
Source | World Bank Group |
URL |
More Details
Record type | Project |
Sector | Natural Gas, Power Generation (CCGT), Government, Commercial |
Article published date | 2024-10-01 |
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