11/11/2013

Turkish, Polish companies sign EUR 250 million energy deals

Sabah – Huge coal deposits in Turkey’s Black Sea province of Bartin will be developed with Turkish -Polish cooperation, according to two deals that cover consulting, engineering and supply of machinery, signed during a visit to Poland by the Turkish Prime Minister, Recep Tayyip Erdogan.


The two agreements, worth EUR 250 million, involves Turkey’s Hattat Enerji, holder of the license to extract coal in Amasra, and Polish energy companies Kopex and Famur, leading names in Poland’s coal mining sector.


“The Bartin Amasra Hard Coal Mining and Coal-Fired Plant Project comprises the extraction of hard coal and building of ultra-supercritical coal-fired power plants in the region. The projected plants will account for 12 percent of Turkey’s power generation capacity and will cut down coal imports by 25 percent”, Hattat Holding Board Member, Ipek Hattat, said upon signing the deals under the auspices of Turkey’s Minister of Economy, Zafer Caglayan. “The use of an advanced ultra-supercritical coal-fired plant to generate energy will be a first for Turkey” Hattat said, adding that the technology to be utilized is cutting edge in terms of emissions and efficiency. The total investment cost in the region is expected to reach USD 3.5 billion over the years.


Hattat Enerji, a subsidiary of Hattat Holding, is also cooperating with China-based Harbin Electric International to build another coal-fired plant in the same region. Amasra has about 268 million tons of proven reserves of hard coal with estimations reaching as high as 573 million tons.

Turkey; energy; turkey coal deposits; turkey coal-fired plants; hattat enerji; kopex; femur; amasra coal; bartin; ipek hattat