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Japan's Mitsubishi Heavy Industries and Areva sign $22 billion deal for Turkish nuclear plant

26 Sep 2013
Japan’s Mitsubishi Heavy Industries and French company, Areva have signed a $22 billion agreement to build a new nuclear power plant in Sinop, Turkey. The deal comes as the first major order for Japan since the Fukushima disaster in 2011.

Mitsubishi is said to have broken new ground in technology to fulfil the promise of “safe nuclear energy” for Turkey. The company is to build the “ATMEA1” plant, designed to fit with the needs of Turkey as well as Areva and plans are set to start providing electricity by 2023.
The project is predicted to involve a lot of civil engineering work, with Turkish human resources being a key player in this, due to the fact that it is being built from scratch.
It will be Turkey’s second nuclear plant in Sinop province on the Black Sea Coast.