Aug 3 (Reuters) – Turkish private firm Icdas, active in the energy to construction sectors, expects to invest $2-2.5 billion in power production and energy projects, the company’s general manager Bulend Engin said.
The company will also build in the coming period a 2.5 million tonne capacity cement factory in Turkey’s northwest, worth some $200 million, Engin said at a press conference late on Monday.
He gave no specific date for the construction of the plant.
Icdas plans to bring the first unit of its 1,200 megawatt coal-fired power plant on line by the end of 2011, Engin said. The second is seen coming on line at the end of 2012.
The company has also applied to the energy markets board to build a separate 106 megawatt wind power station. (Reporting by Evrim Ergin)
