Sunday, May 29, 2011
Itochu Corp. and SK E&C CO.LTD. Team Up for Coal-Fired Power Plant Project in Turkey
Itochu Corp. and SK E&C CO.LTD. have been awarded an engineering, procurement, and construction (EPC) contract to build a power plant in south-eastern Turkey.
The contract, from Turkish joint venture Enerjisa, is for approximately JPY 80 billion (USD 982 million) towards the construction of a 450-MW coal-fired power plant in Tufanbeyli.
Itochu and SK Engineering are expected to complete the power plant by February 2015.
The power plant is expected to rely on locally extracted reserves of brown coal, which the Turkish government is increasingly turning to as the country looks to address rising power demand by encouraging investment in new electricity power generation, be it from nuclear, wind, solar, hydro, or coal.