Osmangazi electricity distribution network upgrade
Sector: Power Generation (CCGT) • Location: Turkey
Source: World Bank Group
This project entails the upgrade, modernisation and expansion of the distribution network, located in Osmangazi region, western part of Turkey, which serves around 1.9 million end-users in 125 towns and 1,455 villages. The project company is Osmangazi Elektrik Dagitim A.S. (OEDAS), wholly-owned by the sponsor, Zorlu Enerji. Total investment stands at $400 million, of which the Dutch development b
- Status
- Prospective
- Sector
- Power Generation (CCGT), Power Transmission, Government
- Location
- Turkey
- Updated
- 22 Jul 2026
- Source
- World Bank Group
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Project Information
Participants
Sponsoring Agency |
Status
Original status | Active |
Taiyo status | Prospective |
Taiyo last update | 2026-07-22 |
Contact
| Not available for this record. |
Description
Description | This project entails the upgrade, modernisation and expansion of the distribution network, located in Osmangazi region, western part of Turkey, which serves around 1.9 million end-users in 125 towns and 1,455 villages. The project company is Osmangazi Elektrik Dagitim A.S. (OEDAS), wholly-owned by the sponsor, Zorlu Enerji. Total investment stands at $400 million, of which the Dutch development bank FMO provided $100 million loan, IFC, AIIB and Denizbank each contributed $75 million and EBRD provided $50 million. The revenue sources are user fees, as the company is responsible for electricity distribution in the provinces of Afyonkarahisar, Bilecik, Eskisehir, Kütahya, and Usak. Financial close of the project took place on 7 March, 2022. https://www.aiib.org/en/news-events/news/2022/AIIB-Signs-USD75-M-Loan-in-Turkish-Lira-for-Electricity-Distribution-Network-Upgrade.html https://pressroom.ifc.org/all/pages/PressDetail.aspx?ID=26857 https://www.fmo.nl/news-detail/e44e04bc-0ad1-479c-8b34-dee5cb4c791a/fmo-supports-the-upgrade-and-expansion-of-oedas-electricity-grid-in-turkey |
Original sector | Energy |
Budget |
Location
Country | Turkey |
Source
Source | World Bank Group |
URL |
More Details
Record type | Project |
Sector | Power Generation (CCGT), Power Transmission, Government |
Article published date | 2024-09-27 |
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