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Ictas Kemercayir HPP

Sector: Hydro • Location: Turkey

Source: World Bank Group

Project
Active

IC Ictas Enerji was planning the development of the 15.5 MW Kemercayir hydropower plant. Ictas Enerji was part of Ictas Holding and 51% owned by US-based AES Corporation.

Construction started in April 2010 and commissioning was expected early-2012. The Niksar plant was part of a broader investment plan expected to comprise 17 hydropower plants in Turkey, total capacity of 510 MW and a cost of $1,

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The project “Ictas Kemercayir HPP” is an infrastructure initiative in the Hydro sector, located in Turkey. Taiyo aggregates data on it from World Bank Group.

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Description

Description

IC Ictas Enerji was planning the development of the 15.5 MW Kemercayir hydropower plant. Ictas Enerji was part of Ictas Holding and 51% owned by US-based AES Corporation. Construction started in April 2010 and commissioning was expected early-2012. The Niksar plant was part of a broader investment plan expected to comprise 17 hydropower plants in Turkey, total capacity of 510 MW and a cost of $1,140 million. IC Ictas Construction was to be the EPC contractor for the project. The Turkish government opened up for tender concessions for 52 run-of river hydropower plants, between December 2009 February 2010. During the tenders, 615 bids were made and the deals were finalized in May/June 2010. As of October 2011, details about the financial structures of the plants was not available. Pushed from 2011.

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High

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