- CNTV English - CCTV News

Homepage > News > Biz >

UAE awards nuclear fuel supply contracts worth USD 3 bn

08-15-2012 23:23 BJT

DUBAI, Aug. 15 (Xinhua) -- Emirates Nuclear Energy Corporation (ENEC) said Wednesday it awarded a total of six leading companies nuclear fuel supply contracts worth 3 billion U.S. dollars, local news agency WAM reported.

The awarded contracts are the result of a nuclear fuel procurement competition launched by the Gulf Arab state United Arab Emirates (UAE) in July 2011. The goal of the fuel competition was to create a strategy to cover supply for the first 15 years of operations.

The six firms which have been awarded contracts by ENEC are ConverDyn from the United States, Uranium One Inc. from Canada, Urenco and Rio Tinto (both from Britain), Russia's Tenex and Areva from France.

Korean Electric Power Corporation (KEPCO) currently builds four nuclear plants in the UAE's Western region "Al Gharbia."

The contracted fuel will enable the Barakah plant to generate up to 450 million megawatt hours for a period of 15 years starting in 2017, when the first nuclear energy unit is scheduled to begin providing electricity to the UAE.



Editor:Zheng Limin |Source: Xinhua

Hot Videos view more

The celebrations are still continuing as the victorious coach, Joachim Loew, has been honored for his achievement in his hometown of Freiburg.
Germany coach Loew honored in hometown of Freiburg

Chinese men´s national team continued its preparations for next year´s Asian Cup, as they managed a one-all draw against visitors Jordan during a football friendly in Harbin, the capital city of Northeast China´s Heilongjiang Province.
China held to 1-1 draw by Jordan

The defending world champs came into the contest with a perfect 6-and-oh record, but they would be in for a tough first half before opening things up in the second.
USA beat Slovenia 119-76 in quarter-finals

Hot Stories more

UK authorities believe killer of James Foley is a British national

Across the UK the hunt is on for James Foley’s killer, who authorities believe is a British national. As Richard Bestic reports from London, Prime Minister David Cameron cut short his summer break to lead his government’s response.

Israeli war jets renews Gaza strike as truce talks stalled

Three Palestinians were killed and 40 others wounded in the intensive Israeli war jets´ airstrikes on the Gaza city on Tuesday night, shortly before an end of a 24-hour ceasefire in the Gaza Strip,

Missouri police arrest dozens after violent night

As the protests in the town of Ferguson, Missouri turned violent with police facing ´heavy gunfire´ from some ´criminal elements´, cops fired tear gas, stun grenades and arrested 31 demonstrators on Monday night.

Picture in news more

More Video News

Choose TV Program