Add to favorite
Subscribe to our Newsletters Subscribe to our Newsletters Get Daily Updates RSS

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


Next Previous

You might also find interesting:

Central Bank Reserves - Report by Moody's Central Bank Approved Credit Lines For Several Russian Banks IMF Downgrades Russia Forecast Igor Akinfeev Apologized For His Mistake Nord Stream Applied For a Permit to the Swedish Government

comments powered by Disqus

Comment on our site

RSS   twitter   facebook   submit

Bookmark and Share

Russian Parliament in Action

search on the map
Russian political parties  Exhibitions in Moscow  EU sanctions  Oleg Anofriyev  Mikhail Bulgakov  Indie Music  Visa   Baskunchak Lake  Sergei Chetverikov  Russian opera singers  Aeroflot  Cherny Dol Lake  Russian Wood Carving  Aliexpress  Russian history  Nicholas II  hotel networks  Russian Literature  Fishers Day  Lev Borodulin  Project "Night in Metro"  Russian Cinema  Moscow  Painting  Archeology  Rostov Bazaar  Barrows  Street Art Museum  Russian univesities  Historical Exhibitions  Unusual Monuments  Philharmonic Concerts  Russian cuisine  Ukraine  Ivan the Terrible  Natalka Project  Russian Animation  New Museum  Levada Centre  Russian actors  Alexander Pushkin  Mercedes-Benz Fashion Week Russia  Russian universities  Penza  Russian tourism  Russian business  economic crisis  National Payment System  Kabardino-Balkaria  Chechen republic 

Travel Blogs
Top Traveling Sites