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Rosatom head says 2023 deadline for Turkey Nuckear plant 'ambitious'

11-29-2017

ANKARA, Nov 14 (Reuters) - Bringing Turkey’s first nuclear power plant online by 2023 is an ambitious goal and can only be done through effective cooperation, the head of the Russian company building the plant was quoted as saying on Tuesday.

On Monday, Russian President Vladimir Putin said Russia and Turkey planned to launch the first reactor at Turkey’s Akkuyu nuclear power plant, in the southern province of Mersin, in 2023.

“Completing the Akkuyu nuclear power plant by 2023 is an ambitious goal. The processes of procuring the equipment and construction need to be carried out meticulously,” Rosatom Chairman Alexei Likhachyov told Turkey’s state-run Anadolu news agency.

Likhachyov also said Rosatom hoped to acquire all licenses on Akkuyu by the first quarter of 2018 in order to start work.

Last month, Turkey’s atomic energy authority granted initial permission to Rosatom’s Turkish unit to build the $20 billion Akkuyu nuclear power plant.

Likhachyov said Rosatom’s cooperation with Turkey’s Cengiz Holding was continuing positively, and that another investment was planned for 2018.

In June, the head of Rosatom Energy International said Rosatom planned to sign a term sheet with Turkey’s Cengiz-Kolin-Kalyon consortium on selling a 49-percent stake in the Akkuyu project.

“We are planning another investment worth around $1 billion next year. We are pleased with the work of Turkish firms,” Likhachyov was quoted as saying.

Turkish President Tayyip Erdogan on Monday met with Putin in the southern Russian resort of Sochi. (Reporting by Orhan Coskun; Writing by Tuvan Gumrukcu)

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