;
Email: info@franchise.ae
 
Search Business Opportunities
May, 28 2018

Abu Dhabi's Start-up Baraka Nuclear Delayed

The Emirates Nuclear Energy Corporation (ENEC) and the Korea Electric Power Corporation together formed Barakah One in a joint venture.

Abu Dhabi's Start-up Baraka Nuclear Delayed

According to Nawah Energy Company, the plant’s operator, the start-up of the Baraka nuclear energy plant in Al Dhafra region of Abu Dhabi is delayed mostly by  the end of 2019 or early 2020.

The statement noted, “The results of Nawah’s review forecast that the loading of nuclear fuel assemblies required to commence nuclear operations at Barakah Unit 1 will occur between the end of 2019 and 2020.”

The statement also said that Nawah will only begin loading nuclear fuel assemblies and initiate operations after preparations are complete and the facility has received an operating license for Unit 1 from the UAE’s Federal Authority for Nuclear Regulation.

Nawah CEO, Mark Reddeman said, “Nawah’s commitment to meet the highest standards of quality and safety is the main driver for all our work.”

“As a result, our review relied on global nuclear standards to analyze the remaining work required for nuclear operations, and we are confident that this new projection for fuel load gives Nawah a nuclear-centric and conservative schedule to deliver nuclear operations in alignment with the highest standards of safety and quality.”

The Emirates Nuclear Energy Corporation (ENEC) and the Korea Electric Power Corporation together formed Barakah One in a joint venture.

It is the world’s largest nuclear project under construction, and the first in the Middle East and North Africa, the plant is worth $24.4 billion.

Comment
User
Email
Star
Address
Related opportunities
  • Gym99 is a unique and one-of-its-kind gym concept,introduced for the..
    Locations looking for expansion -NA-
    Establishment year 2017
    Franchising Launch Date 2017
    Investment size USD 100,000 - 500,000
    Space required 1500
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater New Delhi -NA-
  • About: Akums Drugs & Pharmaceuticals Ltd, Haridwar, (India) is the largest contract..
    Locations looking for expansion -NA-
    Establishment year 2004
    Franchising Launch Date 2017
    Investment size USD 500,000 - 1,000,000
    Space required 120
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater South Delhi -NA-
  • Mobile & Communication/Internet Connections
    About:  In 2009 Gerardo Taglianetti, founded Phonup  amongst first companies  in..
    Locations looking for expansion -NA-
    Establishment year 2009
    Franchising Launch Date 2017
    Investment size USD 50,000 - 100,000
    Space required 100
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater New Delhi -NA-
  • Quick Service Restaurants
    About:as the name suggests, Dhadoom is a fun brand by..
    Locations looking for expansion -NA-
    Establishment year 2016
    Franchising Launch Date 2016
    Investment size USD 50,000 - 100,000
    Space required 100
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater New Delhi -NA-