Skip to comments.Turkish and Chinese companies ink $2.4 billion coal-based power plant deal
Posted on 05/13/2013 9:34:53 AM PDT by haffast
Turkish Hattat Holding and China-based Harbin Electric International signed a deal to build a coal-based power plant in northwestern Turkey on May 10.
The plant is planned to have a capacity of 2,640 megawatts (MW) in total. Around $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 Westerns firm 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.
(Excerpt) Read more at turkishweekly.net ...
"This is really a historic day for us," Turkish Foreign Minister Ahmet Davutoglu said in Kazakhstan's commercial capital Almaty after signing a memorandum of understanding with Shanghai Cooperation Organisation Secretary General Dmitry Mezentsev.
"Now, with this choice, Turkey is declaring that our destiny is the same as the destiny of the Shanghai Cooperation Organisation (SCO) countries."
The EPA and Al Gore responded....
kewl...now we can sell them all our dirty coal....