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Itochu Corp, Mitsubishi Corp And GDF Suez SA In Turkish Nuclear Plant Bid-Reuters


Tuesday, 5 Mar 2013 03:13am EST 

Reuters reported that Itochu Corp, Mitsubishi Corp and France's GDF Suez SA have made a joint bid to build Turkey's second nuclear power plant with total investment seen at $20-$25 billion. Turkey plans to build several nuclear plants over the next 10 years to reduce its dependence on imported oil and gas. Turkey has also been in talks with companies from Canada, South Korea and China regarding the planned Sinop plant and Turkish officials said bids from China and the Japanese-French consortium currently looked the strongest. 

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