The governments of Russia and Turkey signed a cooperation Agreement in Ankara on May 12, 2010. The Agreement provides for construction of a nuclear power plant consisting of four power units of NPP-2006 project with VVER-1200 reactors of total capacity 4.800 MW in Mersin province located on the southern coast of Turkey.
Under the terms of the Agreement, the Russian side registered a project company Akkuyu Nuclear JSC (Akkuyu Nükleer Anonim Şirketi) in Turkey on December 13, 2011. The shareholders of Akkuyu Nuclear JSC are the following companies, authorized by the relevant Government Executive Orders of the Russian Federation:
Shareholding ratio (in%)
JSC Inter RAO
OJSC Concern Rosenergoatom
CJSC Rusatom Overseas
Pursuant to the Agreement, foreign investors are allowed to buy a stake of no more than 49% in the company's share capital at any time.
Akkuyu NPP Construction Project in Turkey is the world's first nuclear power plant project implemented on BOO (build-own-operate) principles. Under the long-term contract, the Company assumes obligations for designing, constructing, maintaining, operating and decommissioning the plant.
Akkuyu Nuclear JSC is the general customer and investor of the project.
JSC Atomenergoproekt is the general designer of the plant.
Atomstroyexport JSC is the general contractor for construction of the plant.
Rosenergoatom Concern OJSC is the technical customer.
InterRAO-WorleyParsons is the licensing consultant.
National Research Center “Kurchatov Institute” is the scientific supervisor of the Project.
One of the main tasks of Akkuyu Nuclear JSC in 2011, or rather by December 2011, was to file applications with Turkish authorities in order to obtain approvals and permits needed for commencement of the NPP construction.
A team of geodetic specialists from JSC Atomenergoproekt arrived Turkey in March 2011. They carried out topographical survey of the area. Their findings will be used to prepare a package of licensing documents and for making of preliminary engineering decisions, as well as used as baseline data for further investigations.
Transfer of land ownership to Akkuyu Nuclear JSC for the NPP construction began in May 2011.
Mobilization and construction phases cover the period from 2010 to 2023. Commissioning of the first power unit of the NPP is scheduled for 2020.
It is worth noting that Russian companies will supply most of the equipment and hi-tech products for the project implementation, but the project also provides for maximum participation of Turkish companies in construction and assembly activities as well as companies from other countries. In the future, Turkish experts will be involved in the NPP operation at all stages of the life cycle of the plant.
To this end, lecturers from the National Research Nuclear University (MIFI) participated in tests conducted among Turkish students in Physics and Mathematics held on June 27, 2011 in Ankara. More than 9,000 applications were received for the training program meant for 50 people. 48 successful candidates that passed the test started their education in October 2011 in Obninsk Branch of MIFI and 69 people in 2012. After graduating from the University and completing their training at the Training Centers of Rosatom, they will become part of the operating staff at the Akkuyu NPP.
At present, Akkuyu Nuclear JSC is closely cooperating with the Turkish side on licensing matters. Regular consultations are held with the Ministry of Energy and Natural Resources, the Ministry of Environment and Urban Planning, the Ministry of Water Resources and Forestry, the Treasury, and with state agencies such as EUAŞ (power generating company), TETAŞ (power sale company), TEIAŞ (power grid operator) and TAEK (Turkish Atomic Energy Agency) a view to transferring the land plot and agreeing its usage conditions.
Information centers was established in Turkey's towns of Büyükeceli and Mersin to give coverage to the NPP construction project as well as stimulate interest in the activities of the nuclear industry among the Turkish population.