Hattat Holding AS, a Turkish group with interests in mining, auto and energy, signed an agreement to build three power plants each with a capacity of 660 megawatts for $2 billion with China Power Investment Corp. (CPIZ) and Avic International.
The agreement includes developing coal mines for $300 million in Bartin in northern Turkey where the plants will be located, according to an e-mailed statement from Istanbul-based Hattat today. The plants will be coal-fired, it said.
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