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Turkey awards $22bn nuclear deal

Mitsubishi Heavy and Areva reportedly named as successful bidders

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Reports have valued the deal at $22bn. (GETTY IMAGES)
Reports have valued the deal at $22bn. (GETTY IMAGES)

Mitsubishi Heavy and Areva have reportedly won a contract – valued at US $22 billion – to build Turkey’s second nuclear power plant, according to Reuters. The project is set to see the construction of four pressurised water nuclear reactors, with a total output capacity of 4.5 GW.

Mitsubishi and Areva have so far not confirmed the deal, but Reuters reports that the plant – to be built at Sinop on the Black Sea – will be officially granted to the consortium in early May.

Construction on the project is scheduled to start in 2017, with the first reactor expected to be supplying the grid by 2023. GDF Suez, of France, is then set to operate the plant.

Rosatom is set to start work on Turkey’s first nuclear power plant in 2015, with first power scheduled for some time in 2019. The site will have a 4.8GW capacity from four power units.
 

 

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