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International competition to build two nuclear power plants in Saudi Arabia

Saudi's strategy in the nuclear energy

The Russian State Atomic Energy Corporation “Rosatom” has entered an international competition, to build two nuclear power plants in Saudi Arabia, with leading international companies, according to Rosatom’s executive vice president Kirill Komarov.

“We have submitted a bid for the construction of two nuclear power plants in Saudi Arabia, and we are competing with other leading international nuclear companies,” Komarov said in a press statement.

“The relationship between Saudi Arabia and Russia is progressing rapidly and strongly. In 2017, we signed a cooperation program for the peaceful use of nuclear energy, which is a roadmap that defines a full partnership between Moscow and Riyadh in a number of areas, besides the nuclear field.”

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Matt Chester's picture
Matt Chester on Sep 12, 2019 2:08 pm GMT

Will be interesting to see what the ultimate price paid for generation/capacity looks like when the winner is chosen

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