Agreement for cooperation between Turkey and Japan permits construction of $20 billion plant – Turkey owns stake in project.An agreement for cooperation between Turkey and Japan for nuclear cooperation became law on Thursday.

Turkish nuclear plant to be built by Franco-Japanese group

Agreement for cooperation between Turkey and Japan permits construction of $20 billion plant – Turkey owns stake in project.An agreement for cooperation between  Turkey and Japan for nuclear cooperation became law on Thursday.

The agreement, which will permit the building of Turkey’s second nuclear plant in cooperation with a Franco-Japanese consortium, has entered into force.

The agreement was published Friday in the official gazette after it was passed by the Turkish parliament’s general assembly on April 1 and approved by President Recep Tayyip Erdogan on Thursday.

Construction of the $20 billion plant to be built in the northern Turkish province of Sinop, near the Black Sea, is expected to begin in 2017 to produce 40 billion kilowatt-hours of electricity every year with its four reactors. 

The nuclear project will be built by a Franco-Japanese consortium with a stake from Turkey’s state-owned energy company EUAS. The agreement between the Turkish and Japanese governments to build the plant was signed in 2013.  

Source:AA

Nurullah Kırmacı / emlakcoulisse.com

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