The Turkish consortium that was to build Turkey’s first nuclear power plant in a joint venture with the Russian atomic energy agency has pulled out of the ambitious project, reports said today.
The Cengiz-Kolin-Kalyon (CKK) consortium — made out of three major privately-owned Turkish industrial conglomerates — has left the project due to a failure to agree commercial terms, the state run Anadolu news agency said.
Contacted by AFP, Cengiz Holding, one of the companies in the consortium, declined to comment.
A Russian newspaper carried a similar report, saying that the private companies would be replaced by a state-run Turkish energy firm.
Russia’s state atomic energy cooperation Rosatom is to build the plant at Akkuyu in the southern Turkish Mediterranean province of Mersin. Read More…