Five consortiums of local and international companies have submitted financial and technical offers to set up the necessary infrastructure to protect the USD 30 bn Dabaa nuclear plant from groundwater in the first major tender for the plant by Russia’s state-owned nuclear company Rosatom, according to Al Mal. The consortiums included Orascom Construction, Arab Contractors, Bachy Soletanche Limited, and partnerships between Petrojet and APCC, and Hassan Allam and German Power. News of the tender comes days after the Nuclear Power Plants Authority (NPPA) compiled a list of Egyptian companies that could subcontract with Rosatom to work on the plant.
More from Enterprise
Banks set for acquisition rush as CBE scraps 40% ownership cap for financial companies
The CBE will by extension see its oversight of these…
Miga guarantee unlocks USD 313 mn for National Bank of Egypt trade finance
Plus: Incolease taps securitization market with debut EGP 2 bn…
Egypt looks to restart privatization push with five new EGX filings
Egypt is looking to temporarily list 20 state-owned companies this…
Telda moves into investing with zero-fee stock trading
Telda claims users can sell a position and immediately spend…