Rosatom, which built the Akkuyu Nuclear Power Plant, blamed its Turkish partner IC İçtaş

Russian state-owned nuclear energy company Rosatom cited “violations” by the Turkish company for terminating its contract with IC İçtaş, its Turkish partner in the construction of the $20 billion Akkuyu nuclear power plant.

It has been announced that an agreement has been signed with TSM Energy for the execution of the remaining construction works at the Akkuyu Nuclear Power Plant, a project of Rosatom.

According to Reuters’ report, “During the execution of the contract, IC İçtaş committed numerous violations that affected the quality and timing of the work. Therefore, the project management decided to terminate the contract.” it was said.

While IC İçtaş officials have not yet made a detailed statement on the subject, the company said that it has started the legal appeal process regarding the termination of the agreement and that this will cause delays in the completion of a project that is vital for Turkey’s energy supply needs.

Is the new company Turkish or not?

Rosatom described TSM as a Turkish company, but TSM Energy is owned by three companies based in Russia, according to the Turkish trade registry.

Rosatom made the announcement shortly before a meeting between Russian President Vladimir Putin and his Turkish counterpart, Tayyip Erdogan, in the Russian Black Sea city of Sochi.

Rosatom President Alexei Likhachev said in a statement that the number of Turkish companies in the project will increase and that more than 80 percent of the approximately 25 thousand people currently working in the Akkuyu field are Turkish.

The energy ministry

The Turkish Ministry of Energy announced that they are trying to resolve the dispute between the parties involved in the construction of the Akkuyu power plant.

Ankara wants the first reactor of 4,800 megawatts of Akkuyu Nuclear Power Plant, which will have four reactors in the Mediterranean area, to become operational in 2023 before the presidential and parliamentary elections.

Once all four reactors are operational, the plant is expected to supply 10 percent of Turkey’s electricity.
President Erdogan said that Turkey could work with Russia in the construction of two more power plants.

Erdogan: Akkuyu is of great importance to us

Meeting with Russian President Putin in Sochi, Erdogan said in a statement before the meeting:

“The issue of Akkuyu is of great importance. Bringing the issue of Akkuyu to a point today and deciding on it in a certain place will not give the opportunity to postpone the process in Akkuyu. Because it is of great importance that the determined calendar works and that Akkuyu be completed at the specified time. Akkuyu power plant will handle an energy potential of 10 percent in energy supply. I hope that it will be useful for us to discuss this issue in detail.”

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