$1bn coal power plant planned for Turkey

Kolin Insaat is to invest around $1bn in building a lignite coal power fired generation plant in Turkey’s Aegean region.

The construction company aims to complete the project by 2016, the company chairman have announced.

Coal power
The plant will have a power generation capacity of 450 MW and the financing will be supplied through Turkish banks, board chairman Naci Kologlu told Reuters.

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