Sinop nuclear power plant set to commence in 2023

The consortium behind Turkey’s Sinop nuclear power plant have scheduled the facility to come online in 2023.

The Japanese-French consortium comprises Mitsubishi Heavy Industries (MHE), Itochu Corp. and France's GDF Suez and the 4800 MW plant is to cost an estimated $22bn.

Sinop will use Atmea1 nuclear reactors developed by MHE and French Areva.
"We are working very hard to start the plant in 2023, the year of the centenary (of the Turkish Republic)," MHE president and CEO Shunichi Miyanaga told Reuters.

MHE Energy & Environment VP Terumasa Onaka said that this month or next, the Turkish parliament is expected to ratify the Turkish-Japanese agreement signed by the prime ministers of the two countries last year.

Following that, the next step will be a feasibility study and licensing, which will take about 18 months, so that construction could start around 2017-18 and the first power scheduled for delivery in 2023.

Onaka said the plan is for the Turkish side to take a stake of about 50 percent in the project, while the foreign investors could split their part three ways between MHE, Itochu and GDF, adding that nothing has been decided yet. He added there was no plan for Areva to take a stake in the project.

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