Russian state nuclear corporation Rosatom, which is seeking to sell 49 percent of the Turkish Akkuyu Nuclear Power Plant (NPP) project to international investors, does not aim to sell the whole package as a single installment since it can be sold in several parts to different investors, Rosatom CEO Alexey Likhachev said.
BUENOS AIRES (Pakistan Point News / Sputnik - 01st December, 2018) Russian state nuclear corporation Rosatom, which is seeking to sell 49 percent of the Turkish Akkuyu Nuclear Power Plant (NPP) project to international investors, does not aim to sell the whole package as a single installment since it can be sold in several parts to different investors, Rosatom CEO Alexey Likhachev said.
"We do not seek to ensure [the sale of] all 49 percent in a single batch because the project is being capitalized by the minute. This year, we have received a license for [the construction of] the first unit and we expect to receive a license for the second unit in the beginning of the next year. The project is getting more attractive for the investors and more expensive. That is why it is highly likely that we will sell the 49 percent package in parts by attracting several investors. We are holding talks on this issue," Likhachev told reporters.
Rosatom is looking for an investor in the project to be a competent partner which will provide additional guarantees that the construction will be implemented in line with the schedule, according to the corporation's CEO.
Likhachev explained that Turkish President Recep Tayyip Erdogan had asked Rosatom to implement the project 18 months ahead of schedule to ensure that the power supplies are launched in 2023.
The Akkuyu NPP project is carried out under the 2010 Russian-Turkish intergovernmental agreement.
The plant is to be equipped with four advanced 3+ generation Vver-1200 units. The project cost is estimated at $20 million.
