Monday, January 19, 2009

Sole bidder’s offer puts energy tender at stake

"Sole bidder’s offer puts energy tender at stake
ANKARA - The tender process for Turkey’s first nuclear plant faced economic and legal difficulties yesterday, as the sole bidder, a consortium led by Russia’s Atomstroyexport, issued an offer nothing short of a cold shower for the government that is trying to cut energy costs. If accepted, the offer of 21.16 cents for one-kilowatt per hour (kwh) will constitutes 'the world’s most expensive electricity' generated at a nuclear plant."

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