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
AI in Egyptian banking is “in its infancy,” and the pause is deliberate
Bankers say the rules aren’t written yet. Data center builders…
Banks threaten to look beyond London as windfall tax talk grows
International lenders say more tax could tip the balance as…
EFG has three more IPOs lined up before year-end, including one hefty offering
Group CEO Karim Awad credits the central bank’s decision to…
Egyptian-UK fintech Zeal raises USD 10 mn to back expansion plans
The London-based, Egyptian-founded fintech is preparing to activate its loyalty…