Russia to Build Turkey's Nuclear Plant
May 13, 2010 -- Although South Korea had been making gains in securing deals to build nuclear plants in the Middle East, Russia has emerged as the winner for Turkey's $20 billion nuclear power plant.
The nuclear plant, Turkey's first, will be built at Akkuyu on the country's Mediterranean coast. The awarding of the contract comes despite a Turkish court nullifying a tender last year by a Russian-led group to build four reactors at Akkuyu.
Russia will own a controlling stake in the plant, making it the first Russian-owned plant outside of Russia.
Read more at Nuclear Power News Today:
Nuclear Power Plants news - http://nuclearpower.einnews.com/news/nuclear-power-plant
Turkey Nuclear Power news - http://nuclearpower.einnews.com/turkey/
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The nuclear plant, Turkey's first, will be built at Akkuyu on the country's Mediterranean coast. The awarding of the contract comes despite a Turkish court nullifying a tender last year by a Russian-led group to build four reactors at Akkuyu.
Russia will own a controlling stake in the plant, making it the first Russian-owned plant outside of Russia.
Read more at Nuclear Power News Today:
Nuclear Power Plants news - http://nuclearpower.einnews.com/news/nuclear-power-plant
Turkey Nuclear Power news - http://nuclearpower.einnews.com/turkey/
Located at http://nuclearpower.einnews.com, Nuclear Power News Today is a service of EIN News, a global news monitoring service for researchers and analysts. Using a combination of proprietary search technology and human editing, EIN News delivers the latest nuclear power news from more than 7,000 news sites from around the world. The latest news updates on these topics are also available in email and RSS formats.
About EIN Presswire
The EIN Presswire press release service is a news-syndication solution that distributes news to more than 10 million visitors annually at EIN News and millions more through its press release distribution partners. A news source for journalists, decision-makers and industry professionals worldwide, EIN Presswire targets press releases to a wide array of worldwide business professionals through more than 90 industry channels. EIN Presswire also offers affiliate network opportunities and news distribution to tens of thousands of news subscribers daily. Read the press release live feed at http://www.einpresswire.com and the latest world news at http://www.einnews.com.
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