Varaka Paper Industry Joint Stock Co planned to develop 1*40 MW Varaka Coal-fired Power Plant, in Varaka Paper Mill, Balikesir, Balikesir, Turkey. The project covered the construction of a 40 MW thermal power plant. CPI Power Engineering Co Ltd was the general EPC contractor of the project. State Nuclear Electric Power Planning Design & Research Institute Co Ltd was the design consultant of the project. OMC Yapi Engineering Construction Industry & Trade Co Ltd was the installation contractor of the project. SPIC Jiangxi Electric Power Co Ltd was the operation & maintenance contractor of the project. The project was expected to support the electricity of the Varaka paper plant as an auxiliary facility.