ANKARA, May 12 (Reuters) - Russia and Turkey signed a $20 billion deal on Wednesday to build a nuclear power plant with four reactors in Turkey.
State-controlled Russian builder Atomstroiexport will lead construction of the plant on Turkey’s southern coast, Russian nuclear agency chief Sergei Kiriyenko said.
"It’s an extremely important contract for us," the Rosatom chief told reporters of the deal, signed during Russian President Dmitry Medvedev’s visit to Turkey.
Russia has built nuclear power plants in nations from Iran to China and is aggressively seeking deals to build new stations.
Kiriyenko said that for the first time, Russia would not just build the plant but would have a controlling stake in a company to be created to own it.
"It is much more interesting for us to be a co-investor in such projects," he said, adding that a long-term contract would be reached to supply power to a Turkish utility.
