We previously examined the situation surrounding the auction of the thermal power plant—its value, budget, and current status. Today, we will turn our attention to the necessary steps following the transfer of operational rights and how the required financing can be secured.

First and foremost, there is the matter of settling the auction price. No buyer covers this entire amount from their own pocket. While a portion is typically paid from their own funds, 70-80% of the total amount is usually financed through a loan from a financial institution. Project finance organisations, private equity investment funds, and investment banks are specifically designed for this purpose.

After the operational rights auction, the company that acquires the thermal power plant must secure the required operational financing. This involves preparing an assessment report on the current status of the plant, which is then presented to financial institutions. This report is commonly referred to as a “project finance evaluation report” or a “Loan Application for Loan Agreement.”

Preparing this document requires more than just knowledge of thermal power plants or........

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