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.
Debt exceeding 20 billion lira, with interest, built up to Turkish Coal Enterprises (TKİ), which supplies the plant's fuel. The Manisa 1st Execution Office had earlier issued a forced-sale order for the facility.