Rosatom Shortlisted For Nuclear Build In Saudi Arabia

Saudi Arabia's King Abdullah City for Atomic and Renewable Energy announced that Russian engineering and construction giant Rosatom had been shortlisted for the next stage of bidding for the country's first nuclear power plants.

Rosatom project Rosatom, the Saudi Gazette said, “is offering its latest and the world's first operational Generation 3+ reactor technology, the VVER-1200, which comes equipped with the most advanced safety systems and complies with the most stringent international safety and security standards.”

There are two “VVER-1200-based” units in operation, the SG noted, the Novovoronezh Unit 2 and the Leningrad Unit 2 and two slated for construction in Turkey and Egypt. Saudi Arabia has also negotiated for deals in Chiona, Japan, South Korea and the United States. Previously, Saudi Arabia has said they would narrow the list down to two or three companies, but it is possible that list will grow, “to maximize competitive tension,” Global Construction Review reported.

While Korea's Kepco (Korea Electric Power Corporation) has frequently been cited as a frontrunner for the construction in the Kingdom, Rosatom has a track record that is formidable. Rosatom is currently the global leader in nuclear power technology for export with 35 units currently in development in 11 different countries.

The tender for the project in Saudi Arabia is expected to be released in 2019.

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