Mitsubishi

Turkey Nixes Nuclear Power Plant Deal With Japan

Monday, January 27, 2020

Turkey has canceled an agreement with a Japanese-led consortium to build a 4,500-megawatt nuclear plant in Sinop in northern Turkey along the Black Sea coast. The Sinop site would have been Turkey’s second nuclear plant

Turkish Energy Minister Fatih Donmez said that results of feasibility studies conducted by Japan’s Mitsubishi Heavy Industries did not meet the ministry’s expectations with respect to completion date and pricing.

The Japanese and Turkish governments originally agreed to the venture in 2013.

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Erdoğan: Sinop Nuclear Plant Project Halted

Friday, June 28, 2019

"We are not at the desired point on the Sinop nuclear power plant project," Recep Tayyip Erdoğan told daily Nikkei.

Erdoğan arrived in Japan today for the G20 summit in Osaka, where he will meet with Japan's Prime Minister Shinzo Abe and US President Donald Trump.

Responding to a question that says, "Feasibility studies show that the cost of a proposed nuclear power plant in the city of Sinop is more than double the initial estimate, and the Japanese-backed project has been halted," Erdoğan said, "The feasibility study report and cost analysis, which is prepared by the Japanese side, was examined by our relevant institutions in detail. We met a picture that is not compatible with our initial agreement in terms of both cost and project calendar."

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Mitsubishi, Areva Sign $22b Turkish Nuclear Plant Deal

Friday, May 3, 2013

Japan’s Mitsubishi Heavy Industries Ltd. and Areva SA of France signed a $22 billion agreement today to build a nuclear power plant in Turkey, the first major order for Japan since the Fukushima disaster in 2011.

Japanese Prime Minister Shinzo Abe and his Turkish counterpart Recep Tayyip Erdogan met in Ankara to oversee the signing of the accord for the building of Turkey’s second nuclear plant in Sinop province on the Black Sea coast.

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Mitsubishi-Areva wins Turkey nuclear deal

Thursday, April 4, 2013

TOKYO, April 4 - Japan's Mitsubishi Heavy Industries and France's Areva have won an order to build Turkey's second nuclear power plant - a project that is expected to cost some $22bn, the Nikkei business daily said on Thursday, citing Japanese and Turkish sources.

Turkey's Energy and Natural Resources Ministry has informed the Japanese government and corporate officials of the decision to award the deal to build four pressurized water nuclear reactors with a combined capacity of about 4.5GW at Sinop on the Black Sea, the report said.

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Sarkozy in talks to end Areva impasse

Friday, December 3, 2010

Qatar’s prime minister met French president Nicolas Sarkozy this week in an attempt to resolve the stalemate over a capital increase for Areva, the French state-owned nuclear group.

Sheikh Hamad bin Jassim bin Jabr al-Thani was in Paris for a stopover to discuss the terms of Qatar’s proposed investment in Areva.

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