Sunday, November 22, 2009 14:42 [Daily Archive]

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Turkey approves technical requirements in first nuclear tender
Turkish Atomic Energy Agency (TAEK) finalized the technical assessment process in Turkey's first nuclear tender process on Friday and approved the sole bidder's proposal was meeting the required criteria. (UPDATED)

Turkey approves technical requirements in first nuclear tender

A consortium, led by Russia’s state-run Atomstroyexport together with Inter RAO and Turkish Park Teknik, was the sole bidder in the tender to build and operate the country's first nuclear power plant in September.

"The conclusion was reached that the bid met the criteria of TAEK," the board said in a statement on its website.

The tender process will continue with the opening of the third envelope including plant production levels and the proposed sale prices of electricity generated at the plant. State-owned electricity firm (TETAS) will open the third envelope and assess the submitted price and finalize the tender process. The final decision of TETAS will then be submitted to cabinet for approval.

According to TAEK's criteria, nuclear power plants must meet approved, up-to-date technological innovations and be compatible with international institutions’ criteria, like the International Atomic Energy Agency. 

The tender was assessed as disappointing by analysts given the fact that a number of foreign and local companies had previously expressed interest but did not submit bids, making the Russian consortium the sole bidder.

Turkey plans to build three nuclear power plants with a capacity of 4,000 megawatts, plus or minus 25 percent, as part of efforts to reduce a costly dependence on energy imports.

 

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