Rosatom to bid for big nuclear plant projects
01 December 2017
Russian nuclear group Rosatom has expressed its interest and sent its initial proposals to Saudi Arabia for its mega nuclear reactors projects in the kingdom and said it would bid once tenders are floated, said a report.
Saudi Arabia is considering building 17.6 GW of nuclear capacity by 2032, the equivalent of about 17 reactors, making it one of the biggest prospects for an industry struggling after the 2011 nuclear disaster in Japan, reported Reuters.
Rosatom said in September it was “ready to build 16 nuclear power plants in Saudi Arabia” at a cost of $100 billion under a 2015 intergovernmental agreement (IGA) with the country, stated the Reuters report.
Following the financial troubles of French Areva and Toshiba-owned Westinghouse, it has become a dominant player in the global nuclear industry.
Meanwhile, industry sources said that a Korean group led by its hydro and nuclear power company (KHN) and French energy major EDF have already expressed interest to build nuclear reactors in Saudi Arabia.
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