{"id":563695,"date":"2021-07-13T04:00:49","date_gmt":"2021-07-13T04:00:49","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2021\/07\/13\/rubles-for-dabaa-contractors\/"},"modified":"2021-07-13T04:00:49","modified_gmt":"2021-07-13T04:00:49","slug":"rubles-for-dabaa-contractors","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2021\/07\/13\/rubles-for-dabaa-contractors\/","title":{"rendered":"Rubles for Dabaa contractors"},"content":{"rendered":"

<\/a> Rosatom will provide between USD 3-4 bn to several <\/strong>Egyptian contractors<\/strong> working at the <\/strong>site of the Dabaa nuclear power plant <\/strong>as soon as permits are issued and construction begins, the company\u2019s Chief Sustainability Officer Polina Lion told a presser yesterday, according to a press release (pdf)<\/a>.<\/p>\n

The contractors:<\/strong> Hassan Allam Construction, Arab Contractors and Petrojet have all been awarded contracts<\/a> to begin work preparing the site ahead of construction.<\/p>\n

The permits:<\/strong> We\u2019re not sure when we can expect approval on these. The Nuclear Power Plants Authority has only recently handed to the regulator the licensing documents<\/a> to construct the first two reactors. Construction will begin as soon as the permits have been granted, Rosatom said last week.<\/p>\n

We\u2019re running a year behind schedule:<\/strong> Construction work was slated to begin<\/a> in the second half of last year but there appear to have been delays regarding the construction permits. Last year, it was said that the first 1.2 GW reactor would be up and running by 2026 and the remaining units coming online during FY2028-2029.<\/p>\n

The plant:<\/strong> Russia\u2019s state-owned nuclear giant was contracted<\/a> in 2015 to construct the 4.8 GW nuclear plant \u2014 located 184 km west of Alexandria. The facility is costing in the region of USD 30 bn, 85% of which is being financed through a USD 25 bn loan from Russia, with Egypt scheduled to begin repaying the sum with 3% interest in October 2029.<\/p>\n

IN OTHER ENERGY NEWS-<\/strong><\/p>\n

Snam boss in town to talk green hydrogen:<\/strong> The CEO of Italian energy company Snam Marco Alvera was in Cairo yesterday for talks with Prime Minister Moustafa Madbouly over potential investments in renewable energy projects such as green hydrogen production, the cabinet said in a statement<\/a>, without providing further details.<\/p>\n

Snam isn\u2019t the first industry player to show interest in green hydrogen in Egypt: <\/strong>Siemens<\/a> is working on a pilot project to produce green hydrogen in Egypt, while Eni<\/a> is producing feasibility studies on green and blue hydrogen production. South Korea\u2019s Hyundai Rotem<\/a> has also discussed the subject with government officials.<\/p>\n

This is part of a <\/strong>USD 3-4 bn plan<\/a><\/strong> that could see the construction of several green <\/strong>hydrogen plants.<\/strong> Hydrogen could be used as an alternative source of fuel for the power industry and be exported abroad, with aims to integrate it into its 2035 energy strategy.<\/p>\n","protected":false},"excerpt":{"rendered":"

Rosatom will provide between USD 3-4 bn to several Egyptian contractors working at the site of the Dabaa nuclear power plant as soon as permits are issued and construction begins, the company\u2019s Chief Sustainability Officer Polina Lion told a presser yesterday, according to a press release (pdf). The contractors: Hassan Allam Construction, Arab Contractors and […]<\/p>\n","protected":false},"author":1,"featured_media":563696,"comment_status":"closed","ping_status":"open","sticky":false,"template":"single-feature.php","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[7207],"tags":[4137,130,107,471,93,72,470],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-563695","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-energy","tag-atomstroyexport","tag-construction","tag-covid-19","tag-dabaa-nuclear-plant","tag-energy","tag-enterpriseam","tag-rosatom","wpautop","entry"],"acf":{"mongo_id":"2ea6ba8a-ffb3-416c-92c7-f7655c1c1359","is_powered_by":true,"story_type":"1","photo_url":"https:\/\/ent.news\/2021\/7\/186.jpg","photo_position":"above","related_issue":[563683],"teaser":"","voice_url":""},"yoast_head":"\nRubles for Dabaa contractors - EnterpriseAM Egypt<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterpriseam.com\/egypt\/2021\/07\/13\/rubles-for-dabaa-contractors\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Rubles for Dabaa contractors\" \/>\n<meta property=\"og:description\" content=\"Rosatom will provide between USD 3-4 bn to several Egyptian contractors working at the site of the Dabaa nuclear power plant as soon as permits are issued and construction begins, the company\u2019s Chief Sustainability Officer Polina Lion told a presser yesterday, according to a press release (pdf). 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Kovtunov said earlier this week that the company plans to issue 20 tenders for the plant\u2019s construction and management projects, and\u2026","rel":"","context":"In "Energy"","block_context":{"text":"Energy","link":"https:\/\/enterpriseam.com\/egypt\/category\/industries\/energy\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":547672,"url":"https:\/\/enterpriseam.com\/egypt\/2022\/07\/03\/rosatom-secures-permit-to-start-building-dabaa-nuclear-plant\/","url_meta":{"origin":563695,"position":1},"title":"Rosatom secures permit to start building Dabaa nuclear plant","author":"enterpriseam admin","date":"3 July 2022","format":false,"excerpt":"Dabaa gets the regulatory thumbs-up: Russian state nuclear company Rosatom has received a permit from our nuclear authority to begin building the 4.8 GW Dabaa nuclear power plant, a statementby Rosatom read.Next step: construction. The permit \u201c[paves] the way for the launch of full-scale construction\u201d at Dabaa, Rosatom Director-General Alexey\u2026","rel":"","context":"In "Energy"","block_context":{"text":"Energy","link":"https:\/\/enterpriseam.com\/egypt\/category\/industries\/energy\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2022\/7\/90.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":591798,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/12\/17\/russias-rosatom-to-re-launch-dabaa-site-protection-tender-early-next-year\/","url_meta":{"origin":563695,"position":2},"title":"Russia\u2019s Rosatom to re-launch Dabaa site protection tender early next year","author":"enterpriseam admin","date":"17 December 2019","format":false,"excerpt":"Russia\u2019s Rosatom is planning to re-launch a tender to protect the Dabaa nuclear power plant site from groundwater by the end of January or early February, according to Al Mal. Rosatom canceled earlier this month the original tender for local companies due to overpriced bids. Arab Contractors, Orascom Construction and\u2026","rel":"","context":"In "Energy"","block_context":{"text":"Energy","link":"https:\/\/enterpriseam.com\/egypt\/category\/industries\/energy\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":542834,"url":"https:\/\/enterpriseam.com\/egypt\/2022\/01\/19\/rosatom-on-track-to-break-ground-on-dabaa-in-july\/","url_meta":{"origin":563695,"position":3},"title":"Rosatom on track to break ground on Dabaa in July","author":"enterpriseam admin","date":"19 January 2022","format":false,"excerpt":"Construction on the Dabaa nuclear power plant is on track to begin \u201cthis summer, tentatively in July,\u201d the director of Russia\u2019s state-owned Rosatom, General Alexey Likhachev, told TASS. The timeline matches what we were told by Egyptian Nuclear and Radiological Regulatory Authority (ENRRA) spokesperson Karim Al Adham last year, after\u2026","rel":"","context":"In "Energy"","block_context":{"text":"Energy","link":"https:\/\/enterpriseam.com\/egypt\/category\/industries\/energy\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2022\/1\/229.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":569205,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/02\/17\/hassan-allam-arab-contractors-petrojet-contracted-to-work-on-dabaa\/","url_meta":{"origin":563695,"position":4},"title":"Hassan Allam, Arab Contractors, Petrojet contracted to work on Dabaa","author":"enterpriseam admin","date":"17 February 2020","format":false,"excerpt":"Hassan Allam, Arab Contractors, Petrojet contracted to work on Dabaa: Our friends at Hassan Allam Construction, alongside Arab Contractors and Petrojet, have been awarded contracts in three separate tenders to begin work on the site of the Dabaa nuclear power plant, according to Hapi Journal. Hassan Allam won a USD\u2026","rel":"","context":"In "Speed Round"","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":591440,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/12\/05\/rosatom-cancels-dabaa-site-protection-tender-due-to-overpriced-bids\/","url_meta":{"origin":563695,"position":5},"title":"Rosatom cancels Dabaa site protection tender due to overpriced bids","author":"enterpriseam admin","date":"5 December 2019","format":false,"excerpt":"Russia\u2019s Rosatom has canceled a tender for local companies to protect the Dabaa nuclear plant site from groundwater due to overpriced bids, an unnamed source in the Electricity Ministry told Al Mal. Arab Contractors, Orascom Construction and France\u2019s Soletanche Bachy, Petrojet and UAE's APCC, Hassan Allam and Germany\u2019s Bauer, and\u2026","rel":"","context":"In "Diplomacy + Foreign Trade"","block_context":{"text":"Diplomacy + Foreign Trade","link":"https:\/\/enterpriseam.com\/egypt\/category\/diplomacy-foreign-trade\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]}],"_links":{"self":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/563695","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/comments?post=563695"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/563695\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/issue\/563683"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media\/563696"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=563695"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=563695"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=563695"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=563695"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=563695"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}