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Participated Projects




Elbistan – Çöllolar, 2003


  • Electricity Generation Co. Inc. (EÜAŞ) tender for coal production to supply Elbistan B Power Plant. 
    • Development of the open pit mine and production of 17.25 million tonnes per year for 25 years.
  • JV Partners: RWE (Germany), NTF, SHAW (USA)
  • Financier: AIG (USA)
  • NTF prepared technical planning and cost estimate within 6 months which was approved by RWE as the basis of the bid.
  • The tender was cancelled.


Romania – Rovinari, 2003-2004


  • Negotiated privatization of Rovinari Energy Complex developed by Çalık Enerji.
    • 1200 MW Rovinari Power Plant
    • Tismana I-II, Rovinari, Garla and Piniosa Coal Mines
  • NTF performed due diligence and feasibility for the coal mines with the prospect of becoming the coal operator in case of conclusion of the project.
  • Power plant due diligence and feasibility was performed by EDF.
  • Negotiations between Çalık Enerji and government of Romania could not be completed.


Çankırı - Orta, Yaylakent, 2005


  • Turkish Coal Enterprises (TKİ) tender for the sale of mine which has enough reserve for 170MW Plant.
  • Project Company Çalık (90%) – NTF (10%) won the tender and paid $20 million.
  • NTF performed all the engineering and feasibility studies which were used as the basis for the bid and the final feasibility by Vattenfall (Germany) and Pöyry (Finland)
  • EPC contract for the power plant is at the tender stage.
  • NTF is the prospective mine operator upon completion of the plant.


 Bursa – Keles, 2006


  • Turkish Coal Enterprises (TKİ) tender for the royalty rights of mine which has enough reserve for 135 MW Plant.
  • Project Company Çalık–NTF won the tender.
  • NTF performed all the engineering and feasibility studies.
  • The project has been suspended until resolution of some environmental issues.


Bolu - Göynük, Tekirdağ – Saray Royalty Tenders, 2006


  • Project company Çalık–NTF participated in Turkish Coal Enterprises (TKİ) royalty rights tenders for
    • Bolu - Göynük, Greenfield power plants.
    • Tekirdağ - Saray, Greenfield power plants.
  • NTF performed all the engineering and feasibility studies for the bid preparation.


Tekirdağ – Malkara, Erzurum - Horasan, 2007


  • Tekirdağ - Malkara
    • For Unit Investment BV (Belgium) with the prospect of becoming the coal operator in case of acquisition of the mine.
  • Erzurum - Horasan - Aliçeyrek
    • For EnerjiSA.
  • NTF performed exploratory drilling services.


Adana – Tufanbeyli, 2006


  • A Greenfield mine owned by EnerjiSA with enough reserve for 450 MW Power Plant.
  • NTF performed investigation drillings, preliminary hydrogeological studies, detailed planning, prepared an extensive method statement and made a bid for the operation for a period of 3+30 years.
  • Contract negotiations are ongoing.