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Russia Will Invest 22 Billion Dollars In the Akkuyu NPP
May 7, 2017 15:38


The total volume of Russian investments in the Akkuyu NPP construction project in Turkey will amount to 22 billion dollars. This was announced by Russian President Vladimir Putin after his meeting with the Head of Turkey Recep Tayyip Erdogan, as RIA News reports. At the same time, according to the Head of Rosatom Aleksey Likhachev, a list of candidates for a 49-percent share package in the company that will manage the power plant construction consists of three companies.

In his interview with “Interfax” Likhachev did not mention any specific organizations involved, but added that no substantive negotiations were being held with Russian contenders.

In late April, he said that the minority stake could be claimed by the companies from Turkey, Russia as well as Persian Gulf States. Akkuyu NPP is being constructed by the BOO (Build, Own, Operate) concession scheme, when the builder and owner of the foreign nuclear power plant is the Russian party.

The structures of Rosatom now own almost 100 percent in the capital of Akkuyu NPP JSC. In future it may be decided to sell up to 49 percent of shares to the investors in the project, but the Russian party should pertain not less than 51 percent.


Author: Anna Dorozhkina


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