Russia’s partner for nuke plant construction in Turkey to be named before end 2016

A partner of Russia for the construction of the Akkuyu nuclear power plant in Turkey will be named before late 2016, said Mehmet Cengiz, head of the Turkish construction company Cengiz ?nsaat, the Aksam newspaper reported May 11.

Cengiz said it is unknown whether the Cengiz ?nsaat will become a partner of Russia in the construction of the Akkuyu nuclear power plant, since the Russian side will make a final decision on this issue.

It was earlier reported that Russia was looking for a partner in Turkey for the construction of Akkuyu nuclear power plant.

The Turkish construction company Cengiz ?n?aat Sanayi ve Ticaret A.?. showed its interest in the construction of the nuclear power plant.

If the Turkish company decides to build the nuclear power plant together with Russia, the share of its participation in the project will amount to 49 percent.

Turkish Ministry of Energy and Natural Resources told Trend earlier that construction of Akkuyu nuclear power plant in Turkey will start in 2016 and the country hadn't abandoned its construction.

The plant's construction is expected to be completed in 2020, the ministry said.

The project's cost nears $20 billion. The Akkuyu plant is projected to generate about 35 billion kilowatt hours of electricity per year.

The intergovernmental agreement between Russia and Turkey on cooperation in the fields of construction and operation of the country's first nuclear power plant Akkuyu near the city of Mersin in southern Turkey was signed in 2010.

After the deterioration of relations between the two countries due to the SU-24 incident, Russia's Prime Minister Dmitry Medvedev signed a government decree on economic measures against Turkey. However such large projects as Turkish Stream and Akkuyu nuclear power plant were not reflected in the list of these measures.

Source: Trend

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