Abu Dhabi's TAQA delays $12 bln Turkey coal power plant construction | Reuters

Abu Dhabi's TAQA delays $12 bln Turkey coal power plant construction | Reuters:

"Abu Dhabi National Energy Co (TAQA), the state-owned oil explorer and power supplier, has delayed plans to start construction of coal-fired power plants in Turkey to 2014, citing other spending priorities.

Turkey's state-owned Electricity Generation Co and TAQA agreed in January on a project worth up to $12 billion to build several power plants using the lignite coal reserves of Turkey's Afsin-Elbistan region.

The project was initially planned to kick off in mid-2013, a spokesman for TAQA said on Monday."

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