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[SITUATION] · [QUIET] · [BUSINESS]

2 clusters · 5 sources · 6 days · First seen · Last updated

Sale of Soma B Thermal Power Plant

Overview

The Soma B Thermal Power Plant, owned by Konya Şeker (TORKU), is being sold through foreclosure proceedings to settle outstanding debts to Türkiye Kömür İşletmeleri (TKİ). The debt owed to TKİ is reported to exceed 20 billion TL.

Expert appraisers have valued the facility and its real estate at approximately 13.8 billion TL. The sale is intended to allow Konya Şeker to refocus on its core agricultural and food industry sectors, as the power plant has reportedly created a financial burden due to continuous losses.

The auction process is scheduled to occur in two stages. The first stage is set for September 7, with results expected by September 14. If sufficient bids are not received, a second auction will be held on September 30, with final results anticipated in early October. All proceeds from the sale are to be transferred directly to TKİ to recover debts related to coal purchases.

Entities

Türkiye Kömür İşletmeleri · Konya Şeker · Soma Termik Santrali · ODAŞ · Akçadağ Madencilik

Timeline

  1. 27 days ago

    [BUSINESS] 3 sources
    Soma B Thermal Power Plant auction scheduled to settle debt

    The Soma B Thermal Power Plant, owned by Konya Şeker, will be sold via auction in September to settle over 20 billion TL in debt owed to Türkiye Kömür İşletmeleri.

  2. about 1 month ago

    [BUSINESS] 2 sources
    Soma Thermal Power Plant to be sold for 13.88 billion TL

    The Soma Thermal Power Plant, valued at approximately 13.88 billion TL, will be sold on September 14, 2026, to relieve the financial burden on Konya Şeker.

Sources

contextodedurango.com.mx · gazetepencere.com · halktv.com.tr · konhaber.com · ogunhaber.com