MHI to Step Up Involvement in Sinop Nuclear Power Plant Project

MHI to Step Up Involvement in Sinop Nuclear Power Plant Project In Turkey 
Tokyo, May 8, 2013 - (JCN Newswire) -  Mitsubishi Heavy Industries, Ltd. (MHI)
is poised to accelerate its involvement in a nuclear power plant (NPP) project
being forwarded in Turkey following Japan's recent acquisition of
preferential negotiating rights. 
During an official visit to Turkey on May 3 Japanese Prime Minister Shinzo Abe
met with Turkish Prime Minister, Recep Tayyip Erdogan, to discuss the Sinop NPP
project. Out of this meeting the two governments agreed to cooperate in
promoting the project and developing related industries. 
Designated for adoption under the Sinop project is the "ATMEA1," a
state-of-the-art reactor developed by ATMEA, a Paris-based joint venture of MHI
and France's AREVA established in 2007. Plans call for the construction of
an NPP in the Black Sea province of Sinop, to be equipped with four reactors
having a combined capacity of 4,400 MWe (megawatts electrical). Work will be
performed by an international consortium that will include, in addition to MHI,
Japan's ITOCHU Corporation, France's GDF SUEZ and the Turkish
Electricity Generation Company Incorporated (EUAS). Inauguration of the
NPP's first unit is targeted at 2023, when Turkey will celebrate its
centennial anniversary as a republic. 
The ATMEA1 is a Generation III+ type* pressurized water reactor (PWR)
featuring a capacity in the 1,100 MWe class. As a PWR representing the pinnacle
of the technological achievements of both MHI and AREVA, the supremely reliable
ATMEA1 delivers performance that has been verified by a track record of 130
units constructed to date by the two companies combined. The ATMEA1 has also
been favorably assessed by the French Nuclear Safety Authority (ASN). 
MHI will commit the full complement of its resources to this epoch-making
undertaking, a project that is garnering significant attention worldwide and is
destined to turn a new page in the history of the nuclear power industry.
Leveraging Japan's superlative technologies and expertise, MHI will
provide Turkey with the newest technologies developed with foremost priority on
matters of safety, to enable the company to make broad-based contributions to
the development of Turkey's economy and industries. 
Negotiations toward adopting the ATMEA1 are presently under way in more than
10 countries worldwide, including Jordan and Brazil. Now, with its adoption in
Turkey, MHI plans to accelerate global developments further in a quest to
expand business in this sphere. 
* The state of the art in nuclear reactors, Generation III+ units are defined
as NPPs being inaugurated roughly between 2010 and 2030, offering further
improvements in safety, economy, etc. NPPs currently in operation worldwide
primarily belong to Generation II, reactors that were inaugurated between the
1960s and 1990s. 
About Mitsubishi Heavy Industries 
Mitsubishi Heavy Industries, Ltd. (MHI), headquartered in Tokyo, Japan, is one
of the world's leading heavy machinery manufacturers, with consolidated
sales of 2,820.9 billion yen in fiscal 2011, the year ended March 31, 2012.
MHI's diverse lineup of products and services encompasses shipbuilding,
power plants, chemical plants, environmental equipment, steel structures,
industrial and general machinery, aircraft, space rocketry and air-conditioning
systems. For more information, please visit the MHI website at 
Mitsubishi Heavy Industries
Hideo Ikuno
Copyright 2013 JCN Newswire. All rights reserved. 
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