Bourse Media – Russian atomic energy corp. Rosatom poised to launch litigation against Siemens, citing unmet delivery terms for Turkey’s debut nuclear reactor project.

Russian state nuclear energy corporation Rosatom is planning to take legal action against Siemens Energy for not delivering pre-paid equipment needed for the construction of Turkey’s first nuclear power plant (NPP), Akkuyu. Despite the equipment having been manufactured and paid for, Siemens declined to provide it, causing delays and additional costs. Rosatom’s general manager, Aleksey Likhachev, stated that lawsuits will be filed. The non-delivery has also reportedly incurred costs for procurement and installation. Turkish Energy and Natural Resources Minister Alparslan Bayraktar attributed the delay to possible war sanctions on Russia. The construction of Akkuyu NPP is behind schedule, with over 90% of the first reactor’s construction complete. The plant, which will feature four Russian-designed VVER-1200 reactors, is expected to meet 10% of Turkey’s electricity demand. Turkey plans to build at least two more NPPs by 2050 and several small modular reactors (SMRs) with a combined capacity of 5,000MW.