| Leading Actor(s) |
Turkey / Industrial Development Bank of Turkey; Turkish Development Bank |
| Participating Actor(s) |
Ministry of Energy and Natural Resources, the World Bank, The Undersecretary of Treasury, Turkish Development Bank, Industrial Development Bank of Turkey, private investors |
| Main objective(s) |
To promote renewable energy investments by increasing the private sector involvement in the utilisation of renewable energy sources |
| Contents |
A USD 200 million loan is being supplied by the World Bank to private enterprises engaged in investments for generation of electricity based on renewable resources. The loan will be issued through Turkish Industrial Development Bank (TSKB) and Turkish Development Bank (TKB). |
| Expected results |
Encouraged private sector participation in the electricity generation from renewable energy sources. |
| Target area / place |
Turkey |
| Arrangement(s) for financing |
The World Bank through Turkish Development Bank (TKB) and Industrial Development Bank of Turkey (TSKB) provides financing. |
| Monitoring process and time frame |
Credit mechanisms will be effective in 2004 |
and Reports