Three Turkish companies have pulled out of the project to build Turkey’s first nuclear power plant.
Citing contractual problems, the Cengiz-Kolin-Kalyon consortium (CKK)who were partnered with Russia’s Rosatom, said they were unable to agree on commercial terms.
A draft agreement between the Turkish consortium and Rosatom was signed last June for the transfer of 49 percent of shares. Since then however, the sides have failed to reach a final agreement.
Rosatom plans to construct Turkey’s first nuclear power plant, Akkuyu, in the country’s southern province of Mersin on the Mediterranean coast.
The plant will have a capacity of 4,800 megawatts in four units and a working life of 8,000 hours per year.
Phase one of construction was intended to build two units with a capacity of 2,400 megawatts.