Soma B Thermal Power Plant

Turkish Coal Enterprises (TKİ) bought Konya Şeker's Soma B Thermal Power Plant, put up for sale through enforcement, with a bid of 6.946 billion lira (TL) excluding VAT. The plant thus returned to state ownership after 12 years.…

Soma Termik Santral Yatırımları A.Ş., part of Konya Şeker, said it could not pay its debts and filed for bankruptcy at the Konya Commercial Court of First Instance. The company's coal debt to the state exceeded 20 billion lira.…