Construction of Akkuyu nuke plant in Turkey to start in 2016 (exclusive)
Baku, Azerbaijan, March 9
By Rufiz Hafizoglu - Trend:
Construction of Akkuyu nuclear power plant in Turkey will start in 2016, the country hasn't abandoned its construction, Turkish Ministry of Energy and Natural Resources told Trend March 9.
The plant's construction is expected to be completed in 2020, the ministry told Trend by telephone.
The project's cost nears $20 billion. The Akkuyu plant is projected to generate about 35 billion kilowatt hours of electricity per year.
The intergovernmental agreement between Russia and Turkey on cooperation in the fields of construction and operation of the country's first nuclear power plant Akkuyu near the city of Mersin in southern Turkey was signed in 2010.
After the deterioration of relations between the two countries due to the SU-24 incident, Russia's Prime Minister Dmitry Medvedev signed a government decree on economic measures against Turkey. However such large projects as Turkish Stream and Akkuyu nuclear power plant were not reflected in the list of these measures.
Edited by SI
Follow the author on Twitter: @rhafizoglu