Turkey to Provide 30% Grant Support for Energy Efficiency Projects

Turkey to Provide 30% Grant Support for Energy Efficiency Projects

Arzu Qafarova · İqtisadiyyat ·

Within the framework of the Efficiency Increasing Project Support Program implemented by the Ministry of Energy and Natural Resources, grant support of up to 30 percent of the investment value will be provided. This initiative is part of a large-scale program aimed at increasing efficiency in various sectors of the Turkish economy. The goal is to contribute to the country's sustainable development by increasing energy efficiency and using resources more effectively.

Redaksiya reports that the upper limit of the grant allocated within the support program has been set at 27 million 92 thousand 663 lira for this year. This will provide significant financial support to project owners and enable them to implement their energy efficiency projects. The program covers companies and organizations from various sectors and aims to support their energy efficiency initiatives.

This support covers various projects related to energy efficiency. These projects are aimed at increasing efficiency in energy production, transmission, and consumption. Furthermore, the program also covers issues such as promoting the use of renewable energy sources and reducing energy losses. This initiative will help strengthen Turkey's energy security and reduce negative environmental impacts.