Work begins on construction of $1.7 billion China-financed coal plant in Turkey

• 4 years ago (2019-09-25)
• David Flin

Coal 274 Middle East 310

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Ground has been broken on the Hunutlu Thermal Plant in the coastal town of Yumurtalik in the province of Adana in Turkey. This $1.7 billion plant is China’s largest direct investment in Turkey. The plant is being built under the Belt and Road Initiative, in which Turkey forms part of the Middle Corridor.

The project sponsor is Emba Electricity Production , which is owned by Shanghai Electric Power , the Avic International Project Engineering Company, and two undisclosed Turkish investors. Shanghai Electric Power holds just over 78 per cent of the shares.

The plant is scheduled for completion by the end of 2021, and will generate 1.3G, about 3 per cent of Turkey’s installed capacity. The project also includes a port to receive coal.

Wang Yundan, Chief Executive of the Shanghai Electric Power Company, said that he aimed to build a clean and reliable power plant with high efficiency, which was also expected to help boost Turkey’s economy, raise employment, and promote sustainable power generation.