Two Nuclear Power Tender

Scope Two nuclear power plants are built by 2030 each with a capacity of 2.8 GW.Earlier the K.A.CARE was predicted to select two or three candidates for the project. The organization however included five in its list and experts point out that Saudi Arabia intends to get the upper hand in the negotiations by letting as many countries as possible compete until the final stage. It seems that Saudi Arabia is attempting to maximize its leverage the ministry explained adding close eye on the bidding process with regard to how the others move during the process.The ministry holds a meeting on July 2 to discuss how to clinch the project with Korea Hydro Nuclear Power Doosan Heavy Industries etc. Minister Paik Un-gyu who is scheduled to preside over the meeting is going to announce at the meeting that the South Korean government will do its utmost to win the project.South Korea has been included in the list of the possible candidates for a nuclear power plant construction project in Saudi Arabia. A fierce bidding war is anticipated among the five shortlisted countries including the United States China France and Russia.July 2018 S. Korea Shortlisted for Saudi Arabias Nuclear Power Plant Project. The Ministry of Trade Industry Energy announced on July 1 that the Korea Electric Power Corporation KEPCO has been selected as a possible candidate for the project by the King Abdullah City for Atomic Renewable Energy K.A.CARE.In July 2018 Frances Assystem was appointed to conduct a site characterisation study environmental impact assessment and preliminary safety analysis report to assist with the selection of the preferred site for the kingdoms first planned nuclear power project. A site at Khor Duweihin on the eastern coast was subsequently chosen for the first project.