Turkey hopes for physical start-up of Akkuyu NPP's first unit within several weeks

Detailed summary

Work on the physical start-up of the first power unit of the Akkuyu Nuclear Power Plant (NPP) in Turkey may begin within several weeks, Turkish Energy and Natural Resources…

ANTALYA. Nov 13 (Interfax) - Work on the physical start-up of the first power unit of the Akkuyu Nuclear Power Plant (NPP) in Turkey may begin within several weeks, Turkish Energy and Natural Resources Minister Alparslan Bayraktar said at World Atomic Days.

"I hope that within the next few weeks-not months, but weeks-we'll be able to carry out the physical start-up of Turkey's first nuclear reactor, at Akkuyu," he said.

Russia's Rosatom corporation is hoping to complete the physical start-up of the first reactor of the Akkuyu NPP in Turkey by New Year, in December, Rosatom CEO Alexei Likhachev told journalists in the middle of October.

"As for the physical start-up, we are on course for the scheduled date. This is roughly the second half of December," he said.

Asked about bringing investors into the project, he said that "there is progress." "So far, we have developed a range of approaches, a sort of menu for working with Turkish investors. And the choice within this menu, of course, rests primarily with the Turkish government," he said.

Rosatom is building Turkey's first NPP, Akkuyu, in the Mersin province. The plant will operate four 1200MW reactor units.

Rosatom is negotiating the sale of a 49% stake in the Akkuyu NPP project, Akkuyu Nuclear JSC Board Chairman Anton Dedusenko told Bloomberg earlier. Talks are underway with Turkish and foreign investors, and the closer the launch of the first power unit, the more investors are coming, the agency quoted him as saying.

"The possible sale of a 49% stake in the Akkuyu NPP project is stipulated by the intergovernmental agreement on the project concluded in 2010," Rosatom has told Interfax.

"The negotiating process is ongoing; we are discussing opportunities with potential partners, including Turkish companies. According to the same intergovernmental agreement, the selection of potential partners requires mandatory approval from the Turkish side," it said.

Opening of the article, excerpted from Interfax. To read the rest, open the article on the publisher's site.