Turkish Interest Grows in Akkuyu Nuclear Plant

The Akkuyu nuclear power plant in Turkey has attracted interest from Turkish companies for stake acquisition. Russian state atomic energy corporation Rosatom is overseeing the project. Turkey's energy minister announced new financing from Russia totaling $9 billion, with plant operations expected to start in 2026.

Interest in Turkey's first nuclear power station, the Akkuyu nuclear power plant, is mounting as Turkish companies consider obtaining a stake in the project. This development was confirmed by Alexei Likhachev, the head of Russia's state atomic energy corporation Rosatom.

In a statement dating back to December, Turkey's energy minister disclosed that $9 billion in new Russian financing had been secured for the project. While the initial target for operational status was set for 2025, delays have pushed expectations to 2026.

Rosatom, under a 2010 agreement valued at $20 billion, is spearheading the construction of this pioneering nuclear power station situated in the Mediterranean province of Mersin, Turkey.