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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,

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

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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.

Participants

Sponsoring Agency

Status

Original status

Active

Taiyo status

Prospective

Taiyo last update

2026-07-22

Contact

Not available for this record.

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.

Original sector

Energy

Procurement method

Location

Country

Turkey

Source

Source

World Bank Group

URL

More Details

Record type

Project

Sector

Hydro, Power Generation (CCGT), Government, Commercial

Article published date

2024-09-27

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