Turkey is planning to build a third nuclear power plant with companies from the US, China and Japan among potential bidders for the project, a Turkish minister said on Wednesday.
"A third nuclear power plant is planned to be built in the northern area of Igneada," Xinhua quoted Turkish Energy Minister Ali Riza Alaboyun as saying.
"For the moment a memorandum of understanding has been signed with Chinese companies and with US-based Westinghouse," he said, noting Japanese companies had shown interest as well.
Igneada, a small town 200-km northwest of Istanbul, is famous for its floodplain forests and beautiful long beach.
Turkey's first nuclear power plant project was undertaken by a Russian company in the southern province of Akkuyu, while the second one was awarded to a Japanese-French consortium in May 2013 to be constructed in the northern province of Sinop.
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors


Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share


Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor


Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements


Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app
