Qatar's Nebras mulls Turkish lignite power plant
Company also signs agreement with Japan's Marubeni Corporation to explore new power deals in Middle East, Africa, Europe and South East Asia
Nebras Power, the body set up by Qatar Electricity and Water Company (QEWC) to invest in overseas assets, has announced it has signed an agreement with a group of Japanese companies to carry out feasibility studues into a new power project in Turkey that would be powered from lignite mines.
The company has set up a joint venture with Qatar Holding which has signed a deal with Mitsubishi Corporation, Marubeni and Chubu Electric Power during a Qatari-Japanese Economic Forum attended by Qatar's Emir, Sheikh Tamim Bin Hamad Al Thani.
The Qatari-Japanese consortium will evaluate development, financing, construction, operation and maintenance plans for a lignite-fired plant at Afsin Elbistan, which is around 600km south east of Turkey's capital city, Ankara.
It also signed a separate Memorandum of Understanding (MoU) with Marubeni Corporation to study joint investments in power generation and water desalination plants in the Middle East, South East Asia, Africa and Europe.
Nebras Power CEO Khalid Jolo said the Marubeni agreement came about as a result of a "long-term cooperation" which started in 2007.
QEWC owns 60% of Nebras Power, with Qatar Holding retaining 20% and Qatar Petroleum the remaining 20%.
Lignite, or brown coal, is naturally compressed peat and is used as a chief form of fuel in some steam-turbine power stations. Around 45% of Germany's power is derived from lignite fuelled power stations, and Turkey mines around 70 million tonnes of lignite annually.