Turkey now closer to its first nuclear power plant
The process has started for the establishment of nuclear power plants in Turkey, with bylaws establishing the rules and conditions governing competitors in plant construction, facility operation and the sale of energy generated published in the Official G
The regulations noted that a tender will be held in three months' time to select a company for the construction of a nuclear power plant with a capacity of 4,000 megawatts (MW) -- with a standard deviation of +/-25 percent being acceptable -- by Dec. 31, 2020. According to the regulations, any company that seeks to participate in the tender to construct a nuclear power plant in Turkey will have to be experienced in the field or establish partnerships with domestic or foreign companies that already have experience in nuclear energy.
The ministry is expected to begin the tender process next week, with a June deadline set for applications. However, the ministry still retains the option to extend the time period if it deems it necessary. Every company will be asked to submit a bid bond of at least YTL 30 million to be eligible to compete in the tender, with the successful bidder required to present a minimum YTL 200 million performance bond.
The Turkish Electricity Trading and Contracting Co. Inc. (TETAŞ) will accept the bids, after which the Turkish Atomic Energy Agency (TAEK) will conduct an inspection to ascertain if the applicants meet the necessary technical and financial requirements. TETAŞ will select one company among the bidders and will submit the name of this company to the Cabinet for approval.
The ministry will assign the winning company suitable land free of charge. In addition to this, the company will also be given a guarantee that the state will purchase electricity from it until 2031 at a specified minimum price to prevent operating losses.
Today's Zaman Last Mod: 20 Mart 2008, 11:57