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Turkey's Kolin to invest $1 bln in coal power plant

ANKARA, Oct 8 (Reuters) - Turkish construction company KolinInsaat will invest around $1 billion in building a lignite coalpower plant in the country's Aegean region, and aims to completethe project in four years, the company chairman said on Monday.

The plant, at the Manisa-Soma coal field, will have a powergeneration capacity of 450 megawatts and the financing will besupplied through Turkish banks, board chairman Naci Kologlu toldReuters in Ankara.

(Reporting by Ozge Ozbilgin, Writing by Ece Toksabay)

((ece.toksabay@thomsonreuters.com)(+90 212 3507052)(ReutersMessaging: ece.toksabay.reuters.com@reuters.net))

Keywords: KOLIN/INVESTMENT

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