Orhan Bey Karadeniz Powership
Sector: Natural Gas • Location: Lebanon
Source: World Bank Group
The project envisages the construction and operation of a powership with a total capacity of 240 MW. The Turkish company Karadeniz Energy Group designs, owns and operates fleet of power stations and then rents the facility to countries which have urgent need of power supply. The delivery is usually done within 90 days after requesting the plant. Contracts are usually signed for short period of t
- Status
- Prospective
- Sector
- Natural Gas, Power Generation (CCGT), Government
- Location
- Lebanon
- Updated
- 22 Jul 2026
- Source
- World Bank Group
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Project Information
Participants
Sponsoring Agency | |
Company |
Status
Original status | active |
Taiyo status | Prospective |
Taiyo last update | 2026-07-22 |
Contact
| Not available for this record. |
Description
Description | The project envisages the construction and operation of a powership with a total capacity of 240 MW. The Turkish company Karadeniz Energy Group designs, owns and operates fleet of power stations and then rents the facility to countries which have urgent need of power supply. The delivery is usually done within 90 days after requesting the plant. Contracts are usually signed for short period of time - 5 to 7 years. The project reached financial closure after the sponsor tied up funds amounting $120.5 million, denominated in Euro and USD. The remaining funds are provided by the sponsor - $59.5 million. The sponsor has PPA with the national grid of Lebanon for the term of the rental contract. Based on submission by Garanti Bank |
Original sector | Energy |
Budget |
Location
Country | Lebanon |
Source
Source | World Bank Group |
URL |
More Details
Record type | Project |
Sector | Natural Gas, Power Generation (CCGT), Government |
Article published date | 2024-09-30 |
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