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Turkish and Chinese companies ink USD 2.4 billion coal-based power plant deal 
15.05.2013

Hurriyet Daily News – Turkish company Hattat Holding and China-based Harbin Electric International have signed a deal to build a coal-based power plant in Amasra, in the Black Sea province of Bartin, Turkey.


The plant, running on locally produced coal, is planned to have a capacity of 2,640 MW in total. Around USD 2.4 billion will be invested in the project, Hattat Holding Chairman Mehmet Hattat said at the signature ceremony.


Hattat Holding had been in talks with a number of Chinese, South Korean and western firms to build a new coal-fired thermal power plant in the region for a while.


The Harbin Electric International Project Director expressed his satisfaction with the deal. “We produce technical equipment that has the capacity to generate 40,000 MW of power annually, and we have power plant projects in more than 20 countries. We are happy about our cooperation with Hattat Holding, and we expect more cooperation with them in the future,” said Xu Hongfu.


Turkish Energy Minister Taner Yıldız said the agreement showed the attractiveness of Turkey for foreign investors. “We are at work to get other coal mines online to generate power by speeding up the related tenders,” he said.

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