Westinghouse Inks Multi-Party Agreement to Develop Nuclear Power in Turkey

Westinghouse Electric Company, China’s State Nuclear Power Technology Corporation (SNPTC) and Electricity Generation Company (EÜAS), the largest electric power company in Turkey, today announced an agreement to enter into exclusive negotiation to develop and construct a four-unit nuclear power plant site in the Republic of Turkey based on AP1000® reactor technology.

he project also covers all life cycle activities including operations, nuclear fuel, maintenance, engineering, plant services and decommissioning.

‘We are excited to expand into the Republic of Turkey and provide our cutting-edge technology and innovative passive safety systems,’ said Danny Roderick, Westinghouse president and CEO. ‘We are confident that our partnering relationship with SNPTC and the leadership they have demonstrated in China will provide the greatest value to the customers in the Republic of Turkey.’

Eight AP1000 units are currently under construction worldwide: two each at the Vogtle and V.C. Summer sites in the U.S. and the Sanmen and Haiyang sites in China. In addition, shareholder agreements have been signed in the past few months for the development of AP1000 plants at the Moorside site in the United Kingdom and the Kozloduy site in Bulgaria.

Westinghouse Electric Company, a group company of Toshiba Corporation (TKY:6502), is the world’s pioneering nuclear energy company and is a leading supplier of nuclear plant products and technologies to utilities throughout the world. Westinghouse supplied the world’s first pressurized water reactor in 1957 in Shippingport, Pa., U.S. Today, Westinghouse technology is the basis for approximately one-half of the world’s operating nuclear plants. AP1000 is a trademark of Westinghouse Electric Company LLC. All rights reserved.

State Nuclear Power Technology Corporation (SNPTC) is the general contractor of the first four AP1000 units in the world being built in China. By working together with overseas partners, SNPTC is working on providing safe, clean, economic and reliable energy by advanced nuclear technology, products and services.

Electricity Generation Company (EÜAS) is a state owned company which was founded to generate electricity in compliance with the energy and economic policies of the state and in accordance with the principles of efficiency and profitability.