Energy minister, Chinese executives discuss third nuclear power plant

Energy and Natural Resources Minister Berat Albayrak and China's energy sector representatives discussed Turkey's third nuclear power plant during the former's visit to Beijing Thursday. Albayrak paid a visit to State Power Investment Corporation (SPIC), where he came together with SPIC Chairman Meng Zhengping and State Nuclear Power Technology Company (SNPTC) Chairman Wang Fengxue. During the meeting with SPIC and SNPTC, the two parties discussed Turkey's third nuclear power plant.

Minister Albayrak also held a number of key talks with the Chinese representatives.

On the first leg of his trip to Beijing, Albayrak met with China's National Energy Administration (NEA) Director Nur Bekri. In the meeting, they reached a consensus on moving forward in energy cooperation between the two countries.

The minister also received China National Chemical Engineering CEO Dai Hegen and Goldwing CEO Pan Yantian.

His next stop was the Chinese Atomic Energy Authority (CAEA), where he met with the vice chairman of the institution, Wang Yiren. The two parties reached an agreement to cooperate in the research and development, human resources and training.

The energy minister also paid a visit to the State Grid Corporation of China, which boasts one of the world's largest electricity distribution capacities.

Albayrak, who met with the institution's Chairman Shu Yinbiao, received extensive information from the authorities regarding the company's electricity generation and distribution network. A number of goodwill agreements in the electricity sector to improve cooperation between the two countries were then signed.

On the last leg of his trip, Albayrak paid a visit to the world's largest bank, China Industrial and Commercial Bank of China (ICBC), which recently began its operations in Turkey.

Minister Albayrak, who was welcomed by ICBC President Yi Huiman, discussed financing and long-term strategic cooperation issues in energy investments in Turkey.