Turkey taxes and incentives for renewable energy KPMG Global Energy & Natural Resources.
The General Investment Incentive Regime changed in June 2012. The new incentive regime is applicable to ENR investments, mainly by providing the following:
The new Electricity Market Law 6446 became effective as of 30 March 2013. The incentives provided under this law apply to investors holding a generation license and who start operating before 31 December 2015:
The tariff and the government purchase guarantee are applied for 10 years following the start of operations of a generation power plant until 31 December 2015.
The new Electricity Market Law 6446 has become effective as of 30 March 2013. Under this law, an 85 percent discount is applied to the lease, easement and utilization right of energy transfer lines for 10 years in both investment and operating periods to the power plants that are in operation or to be in operation until 31 December 2020.