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Russia's Rosatom denies plans for sale of Turkish NPP project share — CEO

April 27, 15:05 UTC+3 MOSCOW
Turkish news agency Anadolu reported earlier that project company Akkuyu Nuclear (74.915% of shares are owned by Rosatom Overseas) could potentially sell a 49% stake in the Akkuyu NPP project
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Rosatom CEO Sergey Kirienko

Rosatom CEO Sergey Kirienko

© Anton Novoderezhkin/TASS

MOSCOW, April 27. /TASS/. Rosatom has not changed its plans for Akkuyu Nuclear Power Plant project, the company’s CEO Sergey Kirienko said on Wednesday.

"We have not changed anything," he said, commenting on media reports about the corporation's plans to sell a stake in the plant. "I do not want to comment on rumors," he concluded.

Turkish news agency Anadolu reported earlier that project company Akkuyu Nuclear (74.915% of shares are owned by Rosatom Overseas) could potentially sell a 49% stake in the Akkuyu Nuclear Power Plant project.

The intergovernmental Russian-Turkish agreement on construction of the Akkuyu nuclear power plant was signed on May 12, 2010. This project includes construction of four power units (VVER-1200) with a capacity of 1.2 GW each in accordance with the Russian project "NPP-2006".

The total cost of the construction is estimated at $22 bln. The total amount of funds Russia allocated to the project to date is approximately $3 bln.

Due to tensions in Russian-Turkish relations, the future of Akkuyu NPP project is still under question. Western media, citing sources in the Turkish government, reported earlier that the project was suspended. However, the Turkish side has officially denied this information.

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