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The Privatization Fairy Tale Turned Into a Nightmare: Soma Power Plant Halted Production with 11 Billion TL in Debt.
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The company operating the Soma B Thermal Power Plant, which has been at the center of controversy since its privatization, owes the Turkish Coal Enterprises (TKİ) 11.1 billion TL. Due to disagreements over coal prices, TKİ halted supplies and terminated the contract. It was also revealed that the company, which was fined 1.3 million TL for violating environmental regulations, received 232 million TL in incentives that same year. In 2015, the art…
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