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Ankara Say Turkey Nuclear Plant Tender To Be Finalized In September
11 August 2009
The government plans to conclude a tender for the construction of Turkey's first nuclear energy power plant in September, Energy and Natural Resources Minister Taner Yildiz said on Monday. "We have to finish an important part of the tender process in August, and we must conclude it next month," Yildiz told reporters in Ankara. "This project will be put into effect if we agree on a reasonable price," the minister said. Noting that Turkey could take a stake of up to 25 percent in the project if a reasonable price is set, he recalled that Turkey has offered guarantees to buy electricity for 15 years. Yildiz added that the plant would remain in operation for almost 60 years. "That's why we have to scrutinize the tender process very carefully," he said. A joint venture composed of AtomStroyExport -- which has constructed nuclear energy power plants in Russia for Rosatom -- Inter Rao UES JSC and the Ciner Group's Park Teknik was the sole bidder in a tender held in September 2008 for the construction and operation of the nuclear plant for 15 years. The government asked the consortium to lower the price it would charge for electricity from the nuclear plant. The consortium submitted a new price of 15.35 cents per kilowatt hour (kWh) in early February -- much lower than its unexpectedly high bid of 21.16 cents on Jan. 20 -- in an attempt to prevent its bid from collapsing; however, state officials say the figure is still high. Turkish and Russian officials discussed the issue of a price cut last week during Russian Prime Minister Vladimir Putin's visit to Ankara, Yildiz also said.
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