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Esen I Hydroelectric Power Plant

Sector: Commercial • Location: Turkey

Source: World Bank Group

Project
Active

Goltas Enerji Elektrik Uretim was created to build and operate 60-MW Esen I hydro power plant and dam located on the Esen river in Fethiye near Mugla city in south west Turkey. Goltas Enerji has an operating license from EMRA, obtained in 2004. Goltas Enerji was owned by Goltas Cimento (63.58%) and Aksu Enerji (25.45%).

The estimated project cost was EUR57.3 million (US$79.58 million). The proj

Status
Prospective
Sector
Commercial, Cement, Hydro, Power Generation (CCGT), Water Supply and Storage, Government
Location
Turkey
Updated
22 Jul 2026
Source
World Bank Group

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The project “Esen I Hydroelectric Power Plant” is an infrastructure initiative in the Commercial sector, located in Turkey. Taiyo aggregates data on it from World Bank Group.

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Company

Status

Original status

active

Taiyo status

Prospective

Taiyo last update

2026-07-22

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Not available for this record.

Description

Description

Goltas Enerji Elektrik Uretim was created to build and operate 60-MW Esen I hydro power plant and dam located on the Esen river in Fethiye near Mugla city in south west Turkey. Goltas Enerji has an operating license from EMRA, obtained in 2004. Goltas Enerji was owned by Goltas Cimento (63.58%) and Aksu Enerji (25.45%). The estimated project cost was EUR57.3 million (US$79.58 million). The project reached financial closure in February 2010 when Goltas Enerji Elektrik Uretim obtained a 8.5-year EUR 40mn (US$55.56 million) loan from Akbank. Electricity sales would be done in the liberalized electricity market. On May 3rd, 2011 unit II of Goltas Enerji Elektrik Uretim's hydropower plant, namely Esen-I, in the city of Mugla came online.

Original sector

Energy

Budget

Location

Country

Turkey

Source

Source

World Bank Group

URL

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Record type

Project

Sector

Commercial, Cement, Hydro, Power Generation (CCGT), Water Supply and Storage, Government

Article published date

2024-06-04

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