Turkey’s first nuclear power plant, to be built by the Turkish unit of Russia’s Rosatom, has been granted initial construction permission and the full licence is expected in the first half of 2018, the Ankara-based company said on Friday.
The planned $20 billion Akkuyu nuclear power plant was originally expected to generate power by 2020, but the first unit of the plant is not expected to go online until seven years after construction starts.
Turkey and Russia signed an intergovernmental agreement for the project in 2010. It has faced setbacks due to technical issues and a souring in ties after a Russian jet was downed by Turkey near Syria border at the end of 2015.
Rosatom’s local unit said in a statement Turkey’s atomic energy authority granted initial permission for the construction to go ahead.
Akkuyu in southern Turkey is seen meeting 6-7 percent of Turkey’s electricity demand, among the fastest-growing in Europe.
Russia’s Rosatom said last month that it aims to start work on its Akkuyu project in southern Turkey by the end of March. Read More…
Latest posts by The Times Of India (see all)
- Investors Cold-shoulder Himachal Pradesh Hydropower Projects - June 18, 2018
- ONGC Sells CBM Gas At $5.77-6.12 /MMBtu - June 18, 2018
- Container Ship Fire Doused After 65 Hours: Official - June 18, 2018