The USD20 billion project to build the four-unit, 4800 MWe plant is part of Erdogan’s ‘2023 Vision’ marking 100 years since the founding of modern Turkey and is intended to reduce the country’s dependence on energy imports. The plant is expected to meet about 10% of Turkey’s electricity needs.
The Turkish Atomic Energy Authority (TAEK) was awarded a construction licence for Akkuyu NPP, Turkey’s first nuclear power plant, which is being built in Mersin province, in southern Turkey. JSC Akkuyu Nuklear is the Russian-owned company which is responsible for the project.
Source- The Reuters
Static/Current Takeaways Important for NABARD Grade-A Exam 2018-