Egypt to issue tender for nuclear power plants within two weeks

Egypt will issue a tender to build four nuclear power plants within a fortnight and bidding companies will be given six months to present their offers, its minister of electricity and energy said.
 
The North African nation wants to build four nuclear plants by 2025, with the first to start operating in 2019. "The tender should be out by the end of January and is now being reviewed by the state council," Hassan Younes said in an interview in Abu Dhabi, reports Reuters.
 
Officials hope the new nuclear programme will add capacity of up to 4000 MW by 2025.
 
"We have received interest for the bid from companies in all parts of the world including France, the United States, China, Russia and Japan," said Younes. The winner of the bid will be announced by the end of July or beginning of August 2012, he added.
 
The ministry had invited several firms for consultancy and project briefings, including French nuclear reactor maker Areva, engineering group Alstom and Westinghouse Electric, a US-based unit of Japan's Toshiba.
 
In 2009, Egypt signed a deal with Australia's WorleyParsons for a nuclear power consultancy. On Sunday, Orascom Construction Industries, Egypt's biggest listed builder, said it had formed a joint venture with state-owned Arab Contractors to bid on nuclear projects in the Middle East, including Egypt's first nuclear power plant. That plant will be located in Dabaa on the country's Mediterranean coast.
 
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