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Russia signs deal to build Turkey's first nuclear power plant

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  • Russia signs deal to build Turkey's first nuclear power plant

    Russia signs deal to build Turkey's first nuclear power plant

    ANKARA, August 6 (RIA Novosti) - The prime ministers of Russia and
    Turkey signed an agreement Thursday on the two countries' nuclear
    cooperation and Russian firms' participation in the construction of
    Turkey's first nuclear power plant.
    Russian Prime Minister Vladimir Putin said Russia would soon
    coordinate construction details with the Turkish authorities and start
    implementing the project.
    "We intend to coordinate the details shortly and start the
    construction," he said after a meeting with his Turkish counterpart,
    Tayyip Erdogan.
    "The victory of a Russian-Turkish consortium in the tender to build
    Turkey's first NPP opens wide opportunities for our countries. Both
    sides are evidently interested in the project," Putin said.
    He added that the Russian price to build the Turkish nuclear plant was
    50% lower than the U.S. price.
    The plant is due to be built on the Mediterranean coast near Akkuyu. A
    consortium made up of Russia' Atomstroyexport, Inter RAO UES and
    Turkey's Park Teknik participated in the tender.
    Turkish nuclear authorities in May ruled that the consortium's tender
    proposal that included the construction of four 1,200 MW power units
    was in line with all technological criteria.
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