The project is a clean technology investment in the region, which would not have taken place without carbon finance
It reduces Türkiye’s expanding energy deficit, diversifies the Turkish electricity generation system and reduces energy import dependency
Local employment and income generated during construction and operation, directly and indirectly through contracts with local providers for supply of construction materials
Fosters infrastructural investments with connected development benefits to the local rural community in the remote project area
Makes the rural electricity supply more reliable, with better availability and more cost efficient thanks to decreased distances between generation and consumption points
Its electricity displaces grid electricity generated by mainly fossil fuel-based power plants and reduces the exploitation and depletion of non-renewable energy resources
It reduces GHG emissions as well as SOx, NOx and particulates associated with the conventional thermal power generation
The project’s operation promotes hydro-electricity based power generation and encourages other similar projects
