Currently, Konya Ilgın is a wholly owned subsidiary of Park Elektrik while Park Elektrik has a 10% participation in Park Termik Elektrik San. ve Tic. A.Ş., one of Ciner Group companies.
Participations
Share (%) Share Amount (TL)
Konya Ilgın Elektrik Üretim A.Ş. 100 126.250.000
Park Termik Elektrik San. ve Tic. A.Ş. 10 11.405.300
Konya Ilgın has a strategic project to establish a 500 MWe thermal power plant in Konya in central Anatolia. The company also has the operational rights of coal reserves in the same zone until 2043. There is 138 million tons of mineable lignite reserves in the zone with an average calorific value of 2069 kcal/kg.
Park Termik operates a Thermal Power Plant with a total capacity of 620 MW in Ankara Çayırhan. Park Termik additionally holds license of transfer of operating rights for coal extraction in the coal sites in the relevant region.