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Turkey eyes investments of $40bn for second nuclear plant

Unsplash/Lukas Lehotsky
Turkey is also talking to US, British and French companies about small modular reactors

Turkey expects to receive $40 billion worth of investment for the country’s second nuclear power plant (NPP) in Sinop province in the Black Sea region.

The project manager Elektrik Uretim, renamed Tunas, plans to commence excavations at the site this year after finalising investment negotiations with technology companies, Daily Sabah newspaper reported.

The plant will consist of four pressurised water reactor nuclear power units, each with a net installed capacity of 1,140 megawatts, resulting in a total installed power of 4,560 megawatts.

The reactors are expected to be operational for 60 years from their commissioning, with an annual electricity production capacity of 34 billion kilowatt-hours.

Construction of the first nuclear power plant in Akkuyu in southern Mersin province is progressing, with the first reactor already underway.

Talks for the plant in Sinop first began with Japan before they switched to Rosatom, which is already building Turkey’s first NPP.

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