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15.04.2015 17:09
Rosatom Received USD 1 Bn from the Russian Government for Akkuyu NPP
We assume the responsibility for the safety of Akkuyu NPP. All safety and security criteria will be respected, Rosatom president Sergey Kiriyenko said during the inaugural ceremony of the construction works

  • © Rosatom

  • © Rosatom

  • © Rosatom

Russia’s state-run corporation Rosatom has received nearly USD 1 bn from the Russian government in order to start the Akkuyu NPP in Turkey, Rosatom president Sergey Kiriyenko announced today in Ankara. Kiriyenko and Turkey’s energy minister Taner Yildiz attended the inaugural ceremony of the hydrotechnical infrastructure of the power plant to be built at Mersin. The news came after the rumoured delay of the construction.

Russia has already financed Turkey’s first NPP to be with about USD 990 m. Akkuyu NPP is to be build according to the BOO (build-own-operate) scheme, where Russia will be also the owner of the power plant. Rosatom subsidiaries hold the controlling interest in Akkuyu NPP’s capital. These are Concern Rosenergoatom (46.87%), Rusatom Overseas (46.4%), Atomstroyexport (4.84%), Atomenergoremont (0.05%), Atomtehenergo (0.05%). Russian Inter RAO also holds 1.6%. Rosatom does not exclude a possible future partial sale to investors, while still withholding at least 51 percent-share in the project.

“We assume the responsibility for the safety of Akkuyu NPP. All safety and security criteria will be respected”, Kiriyenko said during the inaugural ceremony, adding that Rosatom has put unprecedented effort to deliver the environmental impact assessment report for the project counting some 5000 pages.

Akkuyu NPP will eventually boast four VVER reactors of generation 3+, 120-megawatts each. The total cost of the project is estimated at USD 20 bn.

TAGS: Rosatom | Russia | Turkey | nuclear energy | nuclear | Akkuy | NPP | VVER | construction start 

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