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ARTICLE · 07 SEPTEMBER 2017

Turkey Extends Deadline For Eligible Energy Projects To Access Exemptions And Discounts

Moroglu Arseven
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Turkey has extended the deadline for eligible energy projects to benefit from exemptions and discounts, adding five further years to become operational.

TurkeyEnergy and Natural Resources
E. Benan Arseven
E. Benan Arseven
C. Hazal Baydar, LL.M.
C. Hazal Baydar, LL.M.
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Turkey has extended the deadline for eligible energy projects to benefit from exemptions and discounts, adding five further years to become operational. Qualifying projects must now become operational by 31 December 2025 in order to receive the incentives available for their first ten years of operation.

Cabinet Decree numbered 2017/10451 on Extension of Times Within the Scope of the Fourth Paragraph of Provisional Clause 4 under the Electricity Market Law numbered 6556 ("Decree") was published in Official Gazette number 30137 on 28 July 2017, entering into effect on the same date. The Decree amended Provisional Article 4/4 of the Electricity Market Law numbered 6446 ("Law").

Eligible facilities can benefit from the following incentives during the first ten years of operation:

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