JSC Concern Titan-2 (50% of shares are owned by Rosenergoatom Concern, part of Rosatom) will join the participants of Akkuyu NPP construction and perform a set of works as a contractor of JSC Atomstroyexport (ASE, general contractor of the project included into the Engineering Division of Rosatom).
"Cooperation with Concern Titan-2 under Akkuyu NPP project is the next step in implementation of our strategy with regard to engagement of reliable partners for construction and assembly works at all construction facilities of the engineering division of ASE. Titan-2 became one of such sectorial companies" - Valery Limarenko, Head of ASE Company and Engineering Division of Rosatom State Corporation, explained.
Grigory Naginsky, Chief Executive Officer of JSC Concern Titan-2, noted: «In 2018 we completed construction of the first power unit of Leningrad-2 NPP which has currently generated more than 2 bln. kWh of electric power and is under preparation for putting into commercial operation. Now we are constructing the second power unit of Leningrad-2 NPP and performing pre-construction works at the site of Hanhikivi-1 NPP (Finland). We have accumulated long-term experience in construction of nuclear facilities. We enter the Turkish project with thorough understanding of the NPP construction processes and technologies".
Akkuyu NPP is the project for construction of the first NPP in Turkey with installed capacity of 4800 MW which is implemented on the basis of the Intergovernmental Agreement signed by the Russian Federation and the Republic of Turkey in May, 2010. NPP power units will be equipped with VVER-1200 reactors which are among the most advanced III+ generation designs with enhanced safety systems meeting all modern requirements. This is a commercial Russian design of a nuclear power plant based on the design of Novovoronezh-2 NPP (Russia, Voronezh region), the first unit of which was commissioned on August 5, 2016. When completed Akkuyu NPP will generate about 35 bln. kWh per year. The service life will be at least 60 years.
ASE (Engineering Division of Rosatom State Corporation) was established by consolidation of the industry leading companies: JSC ASE Engineering Company, JSC Atomstroyexport, JSC Atomenergoproekt and JSC ATOMPROEKT. ASE is one of the leaders in the global nuclear engineering business. Its representative offices, business units and operational offices function in 15 countries. Projects in foreign countries account for almost 80% of the order portfolio. The company implements projects for design and construction of high-capacity NPPs, facilities for RAW and SNF management, heat power engineering facilities and also provides the full range of EPC, EPC(M) and PMC services for any complex engineering facilities. ASE develops and extensively implements Multi-D - the innovative project management system for construction of complex engineering facilities enabling more efficient management of such parameters as budgets, schedules and quality.
JSC Concern Titan-2 is a Russian group of companies engaged in construction of nuclear power engineering facilities. Organizations of the holding perform the complete work cycle - from the design documentation development to commissioning of the facility. Titan-2 acts as a general contractor in construction of new power units at Leningrad nuclear power plant. Organizations of the holding perform all civil engineering, assembly and electric installation works at the construction site. Titan-2 is the main contractor in construction of Hanhikivi-1 NPP (Finland).