17 Aug (NucNet): Russia’s prime minister Vladimir Putin has approved a draft Russian-Turkish inter-governmental agreement for nuclear energy cooperation.
The draft agreement stipulates that Russia and Turkey will ensure the “effective implementation” of proposals to build Turkey’s first nuclear power plant.
The agreement proposes that the two countries form a consortium to build the plant and that the Turkish government provides 25 percent of the capital and issues a soft loan for financing construction, installation and deliveries by Turkish contractors.
The two countries will also set up a working group to study the possibilities of taking part in joint nuclear energy projects in Russia, Turkey and other countries.
In January 2009, the third round of the tender process for the construction of the plant began with the Turkish Atomic Energy Authority analysing an offer submitted by a consortium led by Russia’s Atomstroyexport.
Thirteen companies took part in the first stage of the tender process, but the Atomstroyexport consortium was the only bidder to submit all necessary documents in time and its offer remains the only one on the table.
Turkey is hoping to build its first nuclear plant near Akkuyu on the Mediterranean coast. The consortium is proposing to build four Russian VVER-1200 reactor units.
>>Related reports in the NucNet database (available to subscribers)
Russia Ready To Help Turkey Build Nuclear Plants (World Nuclear review No. 20, 19 May 2006)
Turkey Analysing Russia-Led Offer For First Nuclear Plant (News in Brief No. 8, 21 January 2009)
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