Turkey to build first nuclear power plant in south

15:38, July 21, 2010      

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Turkey will cooperate with Russia in constructing its first nuclear power plant in the southern province of Mersin, Turkey's Official Gazette reported on Wednesday.

The law on constructing and operating the nuclear power plant in Akkuyu town of Mersin province came into force after it was published in the Official Gazette on Wednesday, following the Turkish parliament adopted the bill on July 15.

Russia's Nuclear Energy State Corporation (Rosatom) and the Turkish Energy and Natural Resources Ministry signed an agreement in the Turkish capital Ankara on May 12 on the construction of the nuclear power plant, which have a total capacity of 4,800 MW, and is expected to produce 14 percent of the energy Turkey currently generates.

Russia will launch necessary procedures to establish a project company within three months after the agreement was signed, Anatolia news agency reported Wednesday. It said that the Russian authorized institutions will have at least 51 percent share in the company.

The Russian Federation will create a new project company to fulfill the liabilities of the agreement in case the first company should fail, the report said.

Source: Xinhua


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