Egyptian nuclear authority to invite tenders for nuclear project

The Nuclear Power Plants Authority (NPPA) will, within days, invite international companies to tender bids for the design and establishment of the Egypt's first nuclear station, according to sources at the Ministry of Electricity and Energy. The tender will be the second of its kind during the 2010-2011 period.

The bid winner will be entirely responsible for the station until it is handed over to the Egyptian government following necessary preliminary tests, tender stipulations mandate. The bid winner will also be charged with training Egyptian personnel abroad over a two-year period.

Sources said the plant's capacity is not specified in the tender's terms in an effort to remain open to all reactor manufacturers.

The draft also states that financial and technical offers should be supplied separately. The tender, which will be organized under Law 89\1998, says bidders are required to submit a letter of guarantee of US$75 million.

Translated from the Arabic Edition.

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