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…
Latest posts by outlookindia (see all)
- Adani Green Energy gets shareholders’ nod to raise Rs 5K cr - August 9, 2018
- Over 100 Acres Land Allocated For Energy Storage: Andhra CM - August 7, 2018
- Gadkari invites Indian investors to fund structural construction projects - August 4, 2018