Turkey Eyes Nuclear Project

11 June 2009 (Last Updated June 11th, 2009 18:30)

The Turkish cabinet is considering a bid for a 4,800MW nuclear plant, it has been announced. Tenders for the deal have been received from the Russian-Turkish consortium AtomStroyExport-Inter Rao-Park Teknik. If no objections are raised following a meeting on 15 June 2009, the

The Turkish cabinet is considering a bid for a 4,800MW nuclear plant, it has been announced.

Tenders for the deal have been received from the Russian-Turkish consortium AtomStroyExport-Inter Rao-Park Teknik.

If no objections are raised following a meeting on 15 June 2009, the Turkish consortium will sign the contract and move forward with construction plans.

So far, objections have been raised over the cost of electricity for the project, estimated at 170% higher than market averages of 8.33¢/kWh in 2008.

The non-governmental Chamber of Electrical Engineers and the Anti-Nuclear Platform has introduced legal challenges to the deal, declaring that the process of bidding was incorrectly carried out.