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Kayakoy Hydro Power Plant

Sector: Hydro • Location: Turkey

Source: World Bank Group

Project
Active

Veysi Madencilik was awarded the operating rights of 2.56 MW Kayakoy Hydro power plant for 49 years.

Veysi Madencilik, a local turkish mining company, won the competitive tender conducted by the Privatization Administration of Turkey (OIB) on 9 May 2014 by submitting the highest bid of USD 10.3 million. 12 companies had submitted their bids for the Kayakoy HPP.

Final negotiations of the tender

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Project Information

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The project “Kayakoy Hydro Power Plant” 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

Veysi Madencilik was awarded the operating rights of 2.56 MW Kayakoy Hydro power plant for 49 years. Veysi Madencilik, a local turkish mining company, won the competitive tender conducted by the Privatization Administration of Turkey (OIB) on 9 May 2014 by submitting the highest bid of USD 10.3 million. 12 companies had submitted their bids for the Kayakoy HPP. Final negotiations of the tender were completed on May 21, 2014 and the final agreement was signed thereafter.

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