Completion Visa for Regional SPP and WPP Investments can be made with CPA Report, Change of Intermediary Institution in Interest Support
Communiqué (No: 2023/1) Amending the Communiqué on the Implementation of the Decree on State Aids in Investments (Communiqué No: 2012/1) was published in the Official Gazette dated 28.11.2023 and numbered 32383.
With the amendment made in the Communiqué No. 2012/1, as in the investments for electric energy generation supported within the scope of general incentive practices Investments for the production of electricity from solar and wind energy supported within the scope of regional incentive practices completion visa, a certified copy of the provisional acceptance certificate issued by the relevant institution regarding the investment subject to the company’s incentive certificate, and the “Regarding the Determination of Expenditures within the Scope of Investment Incentive Certificate in Electricity Generation Investments” in Annex-11 regarding the minimum fixed investment amount and the regional support class qualification of regional investment incentive certificates.Certified Public Accountant Report”to the Ministry will be deemed to have been made.
This regulation will also be applicable to investment incentive certificates issued before the amendment.
In addition, the following paragraph 13/3 of the aforementioned Communiqué regarding interest support has been repealed.
“For the application of interest support for the investment within the scope of the same incentive certificate, more than one intermediary institution cannot make a request during the investment period. Provided that the intermediary institution is not changed after the interest support is started to be utilized, transactions can be made according to more than one amortization table for the investment covered by the same incentive certificate. For strategic investments, more than one intermediary institution may make a request for interest support.”
Sincerely,
BİLGENER