Barakah One - Barakah Nuclear Power Plant
Barakah One, a joint venture between Emirates Nuclear Energy Corporation (ENEC) and Korea Electric Power Corporation (KEPCO) is undertaking the construction of a nuclear power plant in Abu Dhabi, the UAE.
The UAE released a detailed policy document on the evaluation and potential development of peaceful nuclear energy in April 2008. The UAE policy is based on the principles of complete operational transparency and the highest standards of safety, security and non-proliferation.
The nuclear policy was developed following a study that projected massive increases in demand for electricity in the coming decades. The study determined that nuclear energy is a viable and compelling option for meeting future electricity demand of 40000 megawatts (MW) by 2020. The UAE anticipates its electricity requirements to rise from 15.5 gigawatts (GW) in 2008 to 40 GW in 2020 and expects to have four commercial nuclear power reactors online before 2020. Four reactors are envisaged for a site between Abu Dhabi and Ruwais.
The proposed nuclear plant is likely to provide about 7 percent of the power supply to the market in the UAE by 2020.
The UAE released a detailed policy document on the evaluation and potential development of peaceful nuclear energy in April 2008. The UAE policy is based on the principles of complete operational transparency and the highest standards of safety, security and non-proliferation.
The nuclear policy was developed following a study that projected massive increases in demand for electricity in the coming decades. The study determined that nuclear energy is a viable and compelling option for meeting the future electricity demand of 40000 megawatts (MW) by 2020. The UAE anticipates its electricity requirements to rise from 15.5 gigawatts (GW) in 2008 to more than 40GW in a decade and expects to have commercial nuclear power reactors online. These reactors are envisaged for a site between Abu Dhabi and Ruwais.
The project involves the construction of a nuclear power plant in Abu Dhabi, the UAE.
The US$43325 million project includes the following:
1. Construction of an advanced pressurized reactor (APRs)
2. Construction of substations
3. Construction of marine infrastructural works
4. Construction of 15.3km breakwater including 10.7km of intake breakwater and 4.6km of discharge breakwater
5. Construction of offshore Cut Off Wall (Sheet Pile) of 2.7km
6. Construction of nuclear fuel storage facilities
7. Construction of coolant fluid system
8. Construction of heat ex-changers
9. Installation of generators
10. Installation of turbines
11. Installation of control rods within the reactor
12. Development of related facilities
13. Laying of transmission lines
14. Dredging of 9,600,000m3 material
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01 May 2025
Barakah Nuclear Power Plant: Reactor 5, 6, 7 & 8 projects are getting delayed and the main contract tender is expected to be issued between 2027 and 2028.
27 October 2024
The main contract tender is expected to be issued soon for reactors 5,6,7 and 8. (Source: MEED)
03 September 2024
Barakah Nuclear Power Plant: Reactor 5-8: The main contract tender is expected to be issued soon.
02 May 2024
Barakah Nuclear Power Plant: Reactor 5-8: The project has been revived and the main contract tender is expected to be issued soon. (Source: MEED)
22 February 2024
Barakah Nuclear Power Plant: Reactor 5-8: The project continues to be on hold and the time frame for its revival is unknown at this juncture.
18 October 2023
We have not been able to obtain further updates on this project. We have retained the same project stage and amended the key dates accordingly. We will update the profile as soon as we obtain any new information.
22 May 2023
Barakah Nuclear Power Plant: Reactor 5-8: The project continues to be on hold.
11 May 2023
Abu Dhabiâs Emirates Nuclear Energy Corporation (Enec) has signed three memorandums of understanding (MoU) with Chinaâs Nuclear Power Operations Research Institute for operations and maintenance, China National Nuclear Corporation Overseas for cooperation in the field of high-temperature gas-cooled reactors and China Nuclear Energy Industry Corporation for fuel supply and investment. (Source: MEED)
08 February 2023
The Barakah Nuclear Power Plant: Reactor 5-8 is on hold.
22 July 2022
The Emirates Nuclear Energy Corporation (ENEC) has successfully completed the Hot Functional Testing (HFT), the Structural Integrity Test (SIT), and Integrated Leak Rate Test (ILRT) on Unit 4.
12 July 2022
Construction works on Reactor 4 have progressed up to 92 percent.
10 June 2022
Construction works on the Reactor IV project are in the final stage of completion.
16 March 2022
Reactors 5 to 8 continue to be on hold.
07 October 2021
Reactor 5-8 continues to be on hold.
06 June 2021
Reactor 5-8 continues to be on hold.
08 December 2020
The reactor of Unit 1 has achieved it's 100 percent capacity with commercial operations scheduled for early 2021.
20 November 2020
The reactor of Unit 1 of the Barakah Nuclear Power Plant has achieved 80 percent capacity.
18 November 2020
Reactor 5 to 8 has been kept on hold and expected to be revived by 2021.
23 September 2020
The reactor of Unit 1 of the Barakah Nuclear Energy Plant has achieved 50 percent of its electricity production capacity.
17 August 2020
The tender is yet to be issued for the remaining packages of 1200 Housing Units.
10 May 2020
Construction works are completed on the Barakah Nuclear Power Plant: Reactor 4 project as per schedule. The study works are ongoing on Reactors 5 to 8, along with 1,200 Housing Units for ENEC staff.
31 January 2020
Nawah expects to load the first nuclear fuel assemblies into unit 1 within the first quarter of 2020 once it receives an operating licence from the UAEâs Federal Authority for Nuclear Regulation. The Unit 1 is expected to be operational by February 2020. (Source: MEED)
12 December 2019
Construction works are underway for Barakah Nuclear Power Plant: Reactor 4 and for Barakah Nuclear Power Plant: Reactor 5, 6, 7, and 8: The project is under planning and will come up only after the completion of Reactor 4. An exact time line for the progress is not known at this juncture.
11 September 2019
*Barakah One - Barakah Nuclear Power Plant: Reactor 4 - 93% of construction activities were completed.
16 May 2019
Construction works are progressing and the overall completion is 91 percent on the first of four units.
12 December 2018
Construction works are underway and the entire project in scheduled to be completed in 2025.
25 November 2018
Nawah Energy Company has signed an operations and maintenance assistance agreement to operate and maintain the project.
11 November 2018
80% of the construction activities on 400kV power transmission station are finished and the construction is expected to be completed by April, 2019.
06 November 2018
Construction works on the second unit are nearing completion and works on the remaining units are underway. Earlier, the entire project was scheduled to be completed by 2020 but it was now postponed to 2021.
06 August 2018
Pre-operational testing on the second unit completed.
11 July 2018
The concrete pouring, installation of the turbine generator, and the internal components of the reactor vessel for unit 1,2 & 3 are complete & the project has entered testing and commissioning stage. Currently, the overall completion is 89 percent with unit 2 at 93 percent, unit 3 at 83 percent & unit 4 at 72 percent. Nawah Energy Company will be operating the unit 1, 2 & 3 upon successful review of their operating license under FANR.
29 June 2018
93% construction activities on the second unit, 83% on the third unit, 72% on the fourth unit and 89% on the entire project were completed.
28 May 2018
Construction works underway.
03 May 2018
The overall project is 88 percent complete.
10 April 2018
87% construction activities were completed on the entire project.
02 April 2018
Overall the four reactors are expected to be operational by 2021.
28 March 2018
Construction work on the first unit completed.
27 March 2018
Construction works are underway.
26 March 2018
The opening of the first reactor has now been pushed to 2019 from 2018 due to delay in training. It is also understood that the remaining three reactors will be operational by May 2020.
04 March 2018
Overall the project has progressed up to 87 per cent.
23 February 2018
Overall the project has progressed up to 75 percent.
02 February 2018
Federal Authority for Nuclear Regulation is a process of reviewing the operating license application which was drafted by the Emirates Nuclear Energy Corporation to operate units 1 and 2 of the plant. However, FANR will also start reviewing the licence for units 3 and 4 once the licensing for Unit 1 is finalized.
05 January 2018
The client has successfully connected unit 3 and unit 4 to the UAE electricity transmission grid.The overall project has been progressed up to 85 per cent.
21 December 2017
84% construction activities were completed on the entire project.
30 October 2017
Overall project has been progressed up to 84 percent. Barakah One - Barakah Nuclear Power Plant: Reactor 1:- The project is 96 percent complete. Barakah One - Barakah Nuclear Power Plant: Reactor 2:- The project is 87 percent complete. Barakah One - Barakah Nuclear Power Plant: Reactor 3:- The project is 78 percent complete. Barakah One - Barakah Nuclear Power Plant: Reactor 4:- The project is 58 percent complete.
26 September 2017
Barakah One - Barakah Nuclear Power Plant: Reactor 1:- The project is expected to be operational by 2018. Barakah One - Barakah Nuclear Power Plant: Reactor 2:- The project is 86 per cent complete. Barakah One - Barakah Nuclear Power Plant: Reactor 3:- The project is 76 per cent complete. Barakah One - Barakah Nuclear Power Plant: Reactor 4:- The project is 54 per cent complete.
15 August 2017
Barakah One - Barakah Nuclear Power Plant: Reactor 4 : The steam generators and reactor vessel have been installed and overall construction works have progressed up to 52 per cent on the project.
27 July 2017
The project is 82 per cent complete.
18 July 2017
Barakah One - Barakah Nuclear Power Plant: Reactor 2 : - The project is 84 per cent complete. Barakah One - Barakah Nuclear Power Plant: Reactor 3 : - The work on the remaining three reactors is progressed by 78 per cent and the third reactor package is expected to complete by 2019. Barakah One - Barakah Nuclear Power Plant: Reactor 4 : - The project is 51 per cent complete.
09 July 2017
Overall project has been progressed up to 81 per cent. (Source: MEED)
29 May 2017
The construction works on the project which include Unit 1 to 4 have progressed up to 80 per cent.
22 May 2017
95% construction works completed on the first unit.
08 May 2017
Barakah One - Barakah Nuclear Power Plant: Reactor 1 : The Project is complete. Nawah Energy Company (Nawah), a joint venture between ENEC and KEPCO is responsible to operate Barakah Nuclear Energy Plant Units 1-4.
07 May 2017
The works on the project which includes four reactors has progressed by 79 percent.
10 April 2017
The project is progressing as per schedule and the overall work on the four units from 1 to 4 is completed around 75 per cent.
02 April 2017
The nuclear power plant is likely to provide 25 per cent of electricity from May 2020.
14 February 2017
93% construction works completed on the first unit.
08 February 2017
The construction works on Unit 1 to 4 have progressed upto 76 percent. Barakah Nuclear Power Plant: Reactor 4 - The condenser is successfully installed on the project. The construction has progressed more than 38 per cent.
01 February 2017
93% construction works completed on the first unit.
23 January 2017
Reactor 1 - Federal Authority for Nuclear Regulation ( FANR ) has issued two licences for the project.The first is to transport âfreshâ nuclear fuel (i.e. fuel that is unirradiated), and the second to handle and store such fuel.The project is expected to be operational by May 2017.
12 January 2017
Westinghouse supports the UAEâs program as a subcontractor to the Korea Electric Power Company (KEPCO), the Prime Contractor to the Emirates Nuclear Energy Corporation (ENEC), who is responsible for the deployment, ownership and operation of nuclear energy plants within the UAE. The company provides plant components such as reactor coolant pumps and instrumentation and control equipment, along with engineering, licensing, and training services for ENECâs four units.
08 January 2017
The construction works have been completed upto 75 per cent and it is expected to complete by 2020.
01 December 2016
Construction works are underway.
08 November 2016
Ducab has completed the supply of private power transmission cables first stage for the project.
02 November 2016
The clinet has signed a 60-year power purchase agreement (PPA) with Abu Dhabi Water & Electricity Company (Adwec). (Source: MEED)
02 November 2016
The overall construction works of four reactors have progressed upto 72 per cent. (Source: MEED)
01 November 2016
ENEC and Kepco signed a power purchase agreement with ADWEC and 72% of the construction works completed.
24 October 2016
Emirates Nuclear Energy Corporation (Enec) and Korea Electric Power Corporation (Kepco) have come up with new joint venture company Barakah One with KEPCO holding 18 per cent and rest by ENEC.
23 October 2016
Barakah Nuclear Power Plant: Reactor 1:Reactor 2:Reactor 3:Reactor 4 : Emirates Nuclear Energy Corporation (Enec) and Korea Electric Power Corporation (Kepco) have signed a joint venture for the ownership of the Barakah Nuclear Power Plant.The project is progressing steadily with overall construction now completed over 71 percent.
21 October 2016
The construction works on all four units at Barakah are around 71 per cent complete.
21 October 2016
The client and Kepco have signed a finance deal of US$24.4bn on 20 October , 2016; The financers includes: US$2.5bn from the Export-Import Bank of Korea (Kexim), US$250m commercial loan from the National Bank of Abu Dhabi, local First Gulf Bank, the UKâs HSBC and Standard Chartered, US$16.2bn from the Department of Finance of Abu Dhabi (Source: MEED)
20 October 2016
Project secured US$24,400 million financial closure.
18 October 2016
The client and KEPCO are expected to sign deal to finance the project on October 20 , 2016.
25 September 2016
The construction works on all four units at Barakah are around 70 per cent complete. (Source: MEED)
01 September 2016
70% of construction works completed.
18 August 2016
The overall construction of reactors 1 to 4 is now almost 68 percent complete. Barakah Nuclear Power Plant: Reactor 3 - Installation of steam generators in unit 3 has been completed on time and the overall project is expected to complete by 2020.
01 August 2016
Enec - Barakah Nuclear Power Plant: Reactor 3: The reactor vessel for the plant has been installed at the project site.
01 August 2016
68% of construction works are completed on the overall project.
26 July 2016
Korea Hydro & Nuclear Power Co. (KHNP) signed a $920 million deal with Emirates Nuclear Energy Corporation (ENEC) to operate four nuclear reactors.The construction of all four reactors will complete by May 2020.
03 July 2016
Enec - Barakah Nuclear Power Plant: Reactor 1 - The safety test as part of testing and commissioning phase is complete.
01 July 2016
Major electrical work, CHT, SIT, ILRT, RSF, and TLOF has been completed with the completion of 90% construction works in the first unit.
01 June 2016
87% of the first unit, 68% of the second unit, 47% of the third unit and 29% of the fourth unit construction completed.
27 May 2016
The overall construction of the project has progressed by 65 per cent.
18 May 2016
Nawah Energy Company, a new subsidiary of ENEC has been appointed to operate and maintain the nuclear reactors.
20 April 2016
Enec - Barakah Nuclear Power Plant: Reactor 1 is 87% complete, Reactor 2 is 68% complete, Reactor 3 is 47% complete, and Reactor 4 is 29% complete till date.
20 April 2016
The overall construction of reactors One to Four is more than 62% complete.
12 April 2016
Enec - Barakah Nuclear Power Plant: Reactor 1 is 85% complete, Reactor 2 is 67% complete, Reactor 3 is 44% complete, and Reactor 4 is 27% complete till date.
01 March 2016
60% of construction works completed on the overall project.
01 February 2016
84% of the first unit, 64% of the second unit, 41% of the third unit and 25% of the fourth unit construction completed and an overall completion are reported at 58% for all four units.
19 January 2016
Enec - Barakah Nuclear Power Plant: Reactor 1 - The construction on the project is ongoing and is expected to complete by 2017.
01 December 2015
81% of the construction works on the first unit and 60% on the second unit completed.
01 November 2015
52% of the construction work on the overall project completed.
01 October 2015
Construction work is underway.
20 September 2015
Enec - Barakah Nuclear Power Plant: Reactor 2 - 2 stainless steel steam generators have been installed in the Reactor Containment Building at the reactor site.
15 September 2015
Barakah Nuclear Power Plant : Reactors 5,6,7,8 are under planning and will come up only after the completion of Reactor 4. An exact time line for the progress is not known at this juncture.
03 September 2015
Construction on Barakah Reactor 1 is more than 75% complete, Reactor 2 is 53% complete, Reactor 3 & 4 are around 27% complete and the overall construction completion rate for Reactors 1,2,3,4 is approximately 50% complete. Reactor 1 is scheduled for completion in 2017 and additional units following at 12 monthly intervals, with the fourth unit set to commence commercial operations in 2020.
02 September 2015
Construction work on the fourth unit commenced.
01 August 2015
Up to 75% of the first unit, 53% of the second unit, and 27% of third are completed and overall completion is reported at 50% for all four units.
26 July 2015
Construction of Barakah Nuclear Power Plant: Reactor 1 and Reactor 2 has progressed upto 75% and 51% respectively and the overall project is more than 48% complete.
18 June 2015
ENEC has planned four more reactors which will come up after first four reactors are operational.
01 June 2015
Westinghouse is providing the plant components such as reactor coolant pumps and instrumentation and control equipment, along with engineering, licensing, and training services.
01 June 2015
73% of the first unit and 50% of second unit construction works on the project was completed.
21 May 2015
Barakah Nuclear Power Plant: Reactor 1 : The construction work is progressing as per schedule with completion expected by 2017.
27 March 2015
Emirates Nuclear Energy Corporation has submitted operating license applications for Baraka nuclear power plant units 1 and 2, 69 per cent of Unit 1 is completed and is estimated to complete by 2017.
04 February 2015
Atkins and Assystem have partnered as N.Triple.A for Nuclear Power projects.
01 February 2015
Construction activities on the first, second and third reactors are underway.
14 January 2015
"Enec - Barakah Nuclear Power Plant: Reactor 1" - The construction work on dome of Reactor Containment Building is completed. The Containment Liner Plate, was fabricated and installed in 19 stages over a period of 10 months. The dome, which measures 51.4 m in diameter, 24 m in height and weighs approximately 9,000 metric tonnes, has been constructed over the past five months in nine stages. "Enec - Barakah Nuclear Power Plant: Reactor 2" -The project is progressing and is expected to complete by 2018 "Enec - Barakah Nuclear Power Plant: Reactor 3" - The project is progressing and is expected to complete by 2019 "Enec - Barakah Nuclear Power Plant: Reactor 4" - The construction work has commenced and is expected to complete by 2020
01 January 2015
Construction activities on the first, second, third units are underway
08 December 2014
Construction on the first reactor project has progressed over 61 per cent and is expected to complete in 2017. Construction on the second reactor has progressed 37 per cent with completion expected in 2018. Concrete pouring has commenced for its third reactor after they received approvals in September 2014 from the Federal Authority for Nuclear Regulation (FANR). The fourth and final reactor scheduled for commissioning in 2020.
01 November 2014
Construction activities on the first, second, third units and site preparatory works on the fourth unit are underway.
01 October 2014
Construction activities on the first, second, third units and site preparatory works on the fourth unit are underway.
25 September 2014
Enec - Barakah Nuclear Power Plant: Reactor 3 - Construction on the project has started with the safety concrete for the reactor containment building being poured. The safety concrete forms part of the lower basement structure of the reactor containment building. Construction of the building is expected to complete over the next three years and the unit is scheduled to undergo commercial operations by 2019.
19 September 2014
Enec has installed condensers,a critical component used in all types of power plants which plays an important role in the generation of electricity, cooling steam back into water for the turbine generation process to repeat continuously. The condenser is made up of three sections connected by equalizing ducts, with each section measuring 26m in length and weighing 700,000kg. The condenser sections were fabricated in South Korea and shipped to Barakah. The condenser welding was completed in the Unit 1 Reactor Containment Building, which took more than seven months to complete. Barakah Nuclear Power Plant: Reactor 1 - Construction on the project has progressed over 57 per cent and is expected to complete in 2017.
16 September 2014
Licence for construction of the third and fourth reactors at the Barakah, Abu Dhabi is approved by the FANR Board of Management. Construction is expected to start soon.
01 September 2014
ENEC received approval from FANR to commence the construction on third and fourth units. Construction works on the third unit commenced.
13 August 2014
A $3bn contract has been awarded to six foreign firms to supply fuel for the nuclear plant. The agreements were signed with British firm Rio Tinto, Franceâs Areva, US-based ConverDyn, Canadaâs Uranium One, Russiaâs Tenex and Urenco, with the fuel supply expected to begin in 2014-15.
12 August 2014
Lloydâs Register Energy, in partnership with the USâ Lightbridge Corporation, will provide assistance to Federal Authority for Nuclear Regulation (FANR's) internal inspection team on numerous activities including project management, construction inspection and oversight services, design verification and vendor inspection for the Barakah Nuclear Plant.
12 August 2014
Enec - Barakah Nuclear Power Plant: Reactor 1 - Construction on the project is ongoing with civil works in progress. Construction is expected to complete in 2017. Enec - Barakah Nuclear Power Plant: Reactor 2 - Construction on the project is ongoing with civil works in progress. Construction is expected to complete in 2018. Enec - Barakah Nuclear Power Plant: Reactor 3 - Construction work on the project has not yet started and is expected to start in 2015. However, it is expected to complete in 2019. Enec - Barakah Nuclear Power Plant: Reactor 4 - Construction on the project has not yet started. However, it is expected to complete in 2020. ENEC - Barakah Circulating Water Intake Structures - Construction is on going with completion expected by February 2017.
01 July 2014
Construction activities on the first and second units and planning activities on the third and fourth units are underway.
06 May 2014
Korea Electric Power Corporation Engineering & Construction (KEPCO E&C) is the developer of the project. A consortium of Hyundai E& C and Samsung C& T are the main contractors while Doosan Heavy Industries will be supplying the Nuclear Steam Supply System (NSSS) and Turbine/Generators Equipment for the entire project.
29 April 2014
The construction works on reactors 1 and 2 is progressing as per schedule and has progressed over 40 percent with completion expected by 2017 and 2018 respectively and is pending regulatory approvals. ENEC will apply for an Operating License in 2015 for both reactors 1 and 2.
29 April 2014
The recently granted approval for additional civil works for reactors 3 and 4, under ENEC's Limited Construction License, will ensure the projects remain on schedule to enter commercial operations in 2019 and 2020 respectively.
21 March 2014
Dubai Cable Company Ltd. (Ducab) has supplied 324,000 feet out of the total 16 million feet of Non-Class 1E cables on the project.
13 February 2014
ENEC has been granted approval from UAE Federal Authority for Nuclear Regulation (FANR) for the additional civil works which includes, preparation for pouring safety concrete on the reactor containment building, auxiliary building, turbine generator building, component cooling water heat exchanger building, essential service water intake structure, and compound building. This will allow installation of structural features such as formwork, rebar, embedded anchor bolts, electrical conduit, steel plates and piping.
12 February 2014
The project secured approval for third and fourth units under Ltd Construction License from UAE FANR.
01 February 2014
35% construction work on the first and second units complete.
29 January 2014
As quoted in ENEC's press release, the client is expected to break ground for the third unit later this year and will apply for an operating licence for units 1 & 2 in 2015.
10 December 2013
Industry sources indicate that 35 per cent of the construction work on plant 1 & 2 has been completed. The overall scheme has reached 23 per cent completion. Each phase will contain one nuclear reactor. Following the construction of the first two phases, work will begin on phases 3 and 4. The first phase is due for completion in 2017, with the second due to be operational in 2018. Phases 3 and 4, which are still waiting for approval, are scheduled for completion in 2019 and 2020 respectively.
05 July 2013
Industry sources indicate that Emirates Cement Factory received certification from Korea Electric Power Corporation (KEPCO) and a Hyundai-Samsung joint venture to supply Q class cement for unit 1 & 2.
20 June 2013
Hyundai E&C/Samsung C&T has invited firms to bid for the contract to build a pump house at the project.The work will involve building a sea water bypass pump house (SWBPH). The SWBPH structure works will comprise two sections. The first will provide the facilities for units 1-4 of the nuclear facility, while the provisional second section will contain the SWBPH structure for units 5-8.The work will also include reinforced concrete works, the supply and installation of metal works and all insert works. Companies have until 11 July to submit bids for the construction tender.They will submit bids for the first section and provisional prices for the second section. For the first section, construction work is scheduled to begin in August this year, and reach completion in September 2014. A decision on whether the second section will go ahead will be made by November this year, in which case construction would begin by the end of 2013.
29 May 2013
Industry sources indicate that construction work on barakah unit 1 is 20 per cent complete.Construction work on unit 2 has just commenced. Enec has submitted the construction licence application for Units 3 and 4 to FANR. All the four units are expected to come online in 2020.
01 May 2013
Construction activities on the second unit commenced.
26 March 2013
Industry sources indicate that Containment Liner Plate has been installed for barakah Phase 1. Remaining Phases are progressing as per schedule.
01 March 2013
ENEC submitted Construction License Application to FANR.
10 January 2013
The Abu Dhabi government has still yet to approve the financing of the emiratesâ nuclear power project and is now the final step before the deal can be signed as per article published in MEED dated January 10, 2013.
30 November 2012
Financing for the project is set to close before year end 2012. The bank group funding the Emirates Nuclear Energy Corporation (Enec) power project is understood to include the UKâs HSBC and Standard Chartered, and the local National Bank of Abu Dhabi, Union National Bank and First Gulf Bank. The bank tranche of the $20bn debt financing is only $2bn, with the rest split between $10bn from the Export Import Bank of Korea (Kexim), about $2bn from the Export Import Bank of the US (US Exim), and $6bn in direct funding from the government of Abu Dhabi, as quoted in MEED dated November 30th, 2012.
23 November 2012
The overall package has progressed 22.75 per cent as per published in khaleej times article dated 22/11/2012.
21 November 2012
Financial Issues The $20bn debt financing has been delayed at the last minute after plans were being arranged to sign the deal on 20 November. However market sources indicate close to the scheme say the hope is still to get the deal signed before the end of the year, but it is understood that a new date has yet been finalised.
19 November 2012
Westinghouseâs technology will be used in the project as Samsung C&T has a collaboration with Westinghouse, as quoted in article dated November 19th, 2012
13 September 2012
Financial Issues Financial closure is expected to achieve before the end 2012; the Export-Import Bank of the US (US Exim) will provide $2bn in financing for the project. A further $10bn is expected to come from South Koreaâs Export-Import Bank of Korea (Kexim), with additional funds from commercial banks and the government of Abu Dhabi as quoted in MEED article dated 12/09/2012/. (Source: MEED)
15 August 2012
Fuel Supply contract awarded to Rio Tinto, Areva, ConverDyn, Uranium One, Urenco and Russia's Tenex.
02 August 2012
The UAE (United Arab Emirates) Government has signed an agreement with the Government of Australia that will see Australia supply the UAE with uranium to power its four planned reactors through 2020 and beyond, quoted as per MEED article dated August 1, 2012.
24 July 2012
Construction work has commenced by pouring the first nuclear safety concrete for Barakah Unit 1 reactor, it will apply for an operating licence for Unit 1 in 2015 and will pour concrete for Unit 2 in 2013 as published in menafn article dated 21/07/2012.
24 July 2012
Completion Schedule The plant comprises a total of four reactors at the Barakah site, the first which will be operational in 2017, with one additional reactor becoming operational each year up to 2020.
18 July 2012
Construction activities on the first unit commenced.
17 July 2012
ENEC has received approval for construction of the UAE first nuclear plant from the countryâs environmental authority for units 1 & 2, However they are yet awaiting to receive No Objection Certificate (NOC) the next step to get the multi-year licensing process for the reactors as published in IJonline dated 17/07/2012.
16 July 2012
ENEC received an environmental permit from UAE FANR.
10 July 2012
Federal Authority for Nuclear Regulation (FANR), UAE's nuclear regulator, is expected to make decision on providing a green light to initiate construction on the country's first nuclear power plant. Industry sources also indicate that the decision will be announced before the start of Ramadan, quoted as per an article on The National dated June 10, 2012.
16 May 2012
Financial Issues The $10000m debt financing for the project is likely to be completed by October 2012; however sources close to the project state that financing of the project has been progressing much slower than anticipated as quoted in MEED article dated May 15, 2012.
05 April 2012
Industry sources had earlier indicated that Kepco was in talks with UAE government for new four nuclear plants; however, Enec has disagreed to this statement. Enec neither has any other contracts nor is tendering for any other contract.
04 April 2012
Industry sources indicate that Korea Electric Power Corporation (KEPCO) is planning to initiate talks with the UAE government early-2013 on a new deal for four nuclear power plants in addition to the current four whose construction is expected to start in July 2012. KEPCO plans to complete the new four nuclear plants by 2021. KEPCO aims to conclude negotiations on the new plants by end-2013.
02 April 2012
The Federal Authority for Nuclear Regulation (FANR) plus environmental regulator the Environment Agency - Abu Dhabi (EAD) have given a go-ahead for additional civil works at the site; which includes pouring a thin layer of concrete at the bottom of the excavation to create a smooth, flat surface in readiness for the installation of the concrete basement which is expected to begin in July 2012 . The amendments to the limited construction licence was issued to Enec in July 2010 for preparatory work at the Braka site in the emirate of Abu Dhabi.
09 March 2012
Project Schedule Site selection license for units 1, 2, 3 & 4: Complete; Submit non-nuclear environmental impact assessment (EIA) for units 1, 2, 3 & 4: Complete; Site preparation license for units 1, 2, 3 & 4: Complete; Submit construction license application (CLA) for FANR for units 1 & 2: Complete; Submit nuclear environmental impact assessement (EIA) for EAD for units 1, 2, 3 & 4: Complete; Install first unit 1 power block concrete: December 2012; Submit units 1 & 2 operating license application (OLA) to FANR: Q1 2015; Line 1 commercial operations: 2017; Install first unit 2 power block concrete: December 2013; Unit 2 commercial operations: 2018; Submit CLA for units 3 & 4: December 2012; Submit OLA for units 3 & 4: Q1 2017; Unit 3 commercial operations: 2019; Unit 4 commercial operations: 2020
01 March 2012
UAE FANR granted permission to ENEC to conduct excavation, piping and electrical works.
13 February 2012
The project is progressing as per schedule with infrastructure works ongoing.
27 January 2012
Major Equipments Tower cranes: Liebherr
31 December 2011
ENEC appointed NMDC to undertake the marine infrastructural works with a contract value of US$272 million.
28 November 2011
The project budget has been revised, as sources close to the project have realistically estimated the budget as $30000m.
28 November 2011
Financial closure is likely to be achieved by end-2012. Abu Dhabi will provide most of the $10000m equity and $10000m of the debt is likely to come from export-credit agencies, mainly from South Korea. The remaining $10000m will be a mix of bank financing and sovereign debt. Abu Dhabi may consider a government-debt issue and Emirates Nuclear may raise debt backed by the government. (28/11/2011)
18 November 2011
Technical Advisor: Atkins; Strategic adviser: Thorium Power; Financial adviser to the Developer-plus-EPC consortium: Standard Chartered Bank; Finanacial adviser to the client: Credit Suisse (Planning and structuring the transaction); Financial adviser to the client: KPMG (Initial stages of the project); Legal adviser: Norton Rose; Securing debt commitments: HSBC
04 November 2011
Process Technology The project design is based on a third generation reactor technology [the APR1400] that benefits from numerous safety measures and is prepared to withstand any grave accidents.
03 November 2011
ENEC will select a uranium supplier for its nuclear energy programme in the first half of 2012. (02/11/2011)
20 October 2011
Enec and Korea Electric Power Corporation are in negotiations with export credit agencies (ECAs) and commercial banks to finance the project. Financing is still at an early stage; however, sources indicate that about one third of the financing is expected to come from the government, one third from ECAs and one third from commercial lenders. The Abu Dhabi government is expected to guarantee the commercial debt tranche. (19/10/2011)
27 September 2011
The construction work is likely to begin by mid 2012. (26/09/2011)
30 March 2011
Subcontract Digital Variable Multi (DVM): Samsung Gulf Electronics; Commercial air conditioner (CAC): Bayanat Electro Mechanical Company WLL (Bemco), Samsung Gulf Electronics; MEP (Mechanical, Elec., Plumbing): Woojin M&E Co.Ltd
01 March 2011
Site preparations and the manufacturing of the reactors commenced.
11 February 2011
The construction on the project is expected to commence by Q1 2012 with the first unit to come online on 1 May 2017. (09/02/2011)
24 December 2010
Completion schedule (Anticipated) -Reactor 1: 01/05/2017 -Reactor 2: Q4 2018 -Reactor 3: Q4 2019 -Reactor 4: May 2020
25 November 2010
Completion Date Excavation work, foundation work and site leveling work is expected to be complete by mid 2012. (23/11/2010)
15 October 2010
The financing on the plant is unclear; however, it is likely to be a combination of private investors and public funding. Earlier, BNP Paribas had conducted financial advisery work for the developer, however now the developer has appointed Standard Chartered Bank to advice on the development. Further, Korea expects to lend about $10000m to the nuclear power plant. The Export-Import Bank of Korea expects to lend most of the finance required for the project. Korea Electric Power Corporation has so far selected one adviser, Credit Suisse Group AG. (12/10/2010)
07 September 2010
Excavation work, foundation work and site levelling work is in progress. Work on nuclear reactors is likey to commence by December 2010.(06/09/2010)
01 September 2010
ENEC selected Credit Suisse to act as financial adviser for the project.
20 August 2010
Developer-plus-EPC Korea Electric Power Co (Kepco), Hyundai Engineering & Construction, Samsung Corporation, Doosan Heavy Industries & Construction, Toshiba and Westinghouse
29 July 2010
Enec is in final negotiations with a bank to act as financial adviser and lending co-ordinator and is expected to take a decision soon. (29/07/2010)
01 July 2010
Federal Authority for Nuclear Regulation granted site preparation license and the limited construction license.
30 April 2010
Legal Adviser The tenders for appointing legal adviser is expected to be issued in May 2010. (29/04/2010)
30 April 2010
Financial Adviser Enec is in talks with the following banks to help run the process and structure the scheme to make it attractive to private sources of finance: -HSBC, Rothschild, Citigroup and BNP Paribas The financial adviser is expected to be appointed soon. (29/04/2010)
23 April 2010
The location has been finalised and the plant will come up at Braka. (23/04/2010)
01 April 2010
Barakah selected as the ideal location.
11 March 2010
Construction work is likely to begin by 2012. (10/03/2010)
10 March 2010
Federal Authority for Nuclear Regulation (FANR) has issued the first licence to the Enec to study potential sites to assess their suitability for the location of nuclear power plants with the first application to build a plant expected by end-2010. (09/03/2010)
10 March 2010
Subcontracts are likely to be awarded by May 2010. (09/03/2010)
22 January 2010
Key Personnel The key persons for Korea Eletric Power Co (Kepco), Doosan Heavy Industries & Construction, Samsung Corporation, Toshiba and Westinghouse will be appointed in February 2010. (22/01/2010)
01 December 2009
BOT contract awarded to a consortium of KEPCO, Hyundai Engineering and Construction Company, Samsung C&T Corporation, Westinghouse Electric Co., and Doosan Heavy Industries.
19 November 2009
Developer-plus-EPC Contract A South Korean team of Korea Eletric Power Co (Kepco), Doosan Heavy Industries & Construction, Hyundai Engineering & Construction, Samsung Corporation, Toshiba and Westinghouse have been awarded the contract.
12 November 2009
Third party sources indicate that Emirates Nuclear Energy Corporation (Enec) is postponing an award until a co-operation agreement with the US has been finalised. The bilateral deal with the US will permit the transfer of technology, materials and equipment, such as reactors, between the two countries. This is critical given that one of the bidders for the nuclear project is a team of GE and Hitachi. Separately, France has already established a strong strategic position for itself in the UAE and is exerting significant political pressure on the UAE in the hope that the contract will go to a team of Areva, Suez and Total. (09/11/2009)
12 November 2009
Developer-plus-EPC bid evaluation Industry sources indicate that the team of Korea Electric Power Co (Kepco) and Hyundai Engineering & Construction has bid low for the contract. (09/11/2009)
12 November 2009
Developer-plus-EPC Bid Submission The consortium of Areva T&D, GDF SUEZ, Total, Bechtel Corporation, Alstom, Vinci and Electricite de France (EDF) and the consortium of Hitachi and GE Energy submitted the revised bids on 10/12/2009. (11/12/2009)
05 November 2009
Emirates Nuclear Energy Corporation (Enec) is wholly owned by the Government of Abu Dhabi.
01 November 2009
The nuclear power cooperation agreement between the UAE and the USA finalized.
01 November 2009
Construction: Hyundai Engineering & Construction, Samsung Corporation ($5590m). The following subsidiaries of Korea Electric Power Company (Kepco) will execute the following project responsibilities: Engineering and procurement: Korea Hydro and Nuclear Power Co. Ltd (KHNP), Nuclear power plant design and engineering service: Korea Power Engineering Co. Ltd (KOPEC), Nuclear fuel: Korea Nuclear Fuel Co. Ltd (KNF), Plant maintenance: Korea Plant Service and Engineering Co. Ltd (KPS)
30 October 2009
Construction, commissioning and fuel loads for four units: $20000m
20 September 2009
The capacity of the plant is likely to range between 5600 MW to 6000 MW.
12 September 2009
The plan was originally for two reactors; however, the client has revised the scope to four reactors.
07 September 2009
Enec delayed the shortlisting of consortium of two bidders out of three in order to hold discussions, which was earlier planned by end-August 2009. (03/09/2009)
01 August 2009
Following the progress foreseen in the first phase, client shall go ahead to appoint the same contractor with two more steam generators of 1200 MW each, making the overall capacity of the nuclear plant close to 5000 MW.
01 August 2009
The project will be executed in two phases. First phase will comprise a steam generator of 1200 MW to be delivered by 2015, following which another steam generator of same capacity will be delivered by 2018.
01 August 2009
ENEC delayed the BOT contract award due to the similarity in the offers submitted.
14 July 2009
Developer-plus-EPC bid evaluation-Frontrunner Industry sources indicate that the team of Areva T&D, GdF Suez, Total, Bechtel Corporation and Vinci bid low for the contract.
01 July 2009
Bidders submitted their proposals for the BOT contract.
19 May 2009
Major Equipment Korea Electric Power Co (Kepco) led consortium is in talks with Doosan Heavy Industries for equipment supply.
01 May 2009
Three consortia shortlisted for pre-qualification of BOT contract.
01 May 2009
Nuclear Power Cooperation Agreement (123 Agreement) approved by the US government.
26 April 2009
Reactors In January 2008, Total, Suez and Areva submitted a proposal to build two 1600 MW Evolutionary Power Reactors (EPR). According to Areva and Suez's plan, the two plants were planned to be based on Areva's third-generation system. Suez was planned to supply reactors however no agreement was reached and the project was reconsidered and changed.
14 April 2009
Following companies are likely to submit prequalification documents: GE Energy, Hitachi, Mitsubishi Corporation, Bechtel Corporation, Korea Electric Power Co (Kepco), Toshiba, Shaw Group, Westinghouse, Total, GDF SUEZ and Areva T&D
14 April 2009
Developer-plus-EPC PQ / Bidders - Areva T&D, GDF SUEZ, Total, Bechtel Corporation, Vinci, Electricite de France (EDF), Alstom -Hitachi, GE Energy, Korea Electric Power Co (Kepco), Hyundai Engineering & Construction, Samsung Corporation, Doosan Heavy Industries & Construction, Toshiba, Westinghouse Developer-plus-EPC Contractor -Korea Electric Power Co (Kepco) , Hyundai Engineering & Construction, Samsung Corporation, Doosan Heavy Industries & Construction, Toshiba and Westinghouse
13 February 2009
The technology used will be of Generation III reactors which includes Advanced Pressurised Reactor's (APR)
13 February 2009
The plant will have a capacity of 5000 MW and will be built in three phases with the first phase having capacity of 1650 MW.
01 February 2009
ENEC issued the ITB for pre-qualification documents of BOT contract and April 2009 was the deadline for submission.
16 October 2008
Emirates Nuclear Energy Corporation (Enec) has selected CH2M Hill for the 10-year contract for providing Programme Management Services (PMC). CH2M Hill will be Enec's managing agent.
01 October 2008
Thorium Power and CH2M Hill appointed as advisors.
18 July 2008
Project Name The project was earlier named as "Total / Suez / Areva - Nuclear Power Plant"
18 July 2008
The following nine companies are likely to submit bids for the PMC prequalification contract: WorleyParsons, PB Power, Sargent & Lundy, Fluor Corporation, CH2M Hill, Bechtel Corporation, AMEC, Arup, Jacobs Group and Parsons International
18 July 2008
There is speculation it could have generating capacity of 5000 MW, but it is far too early for firm conclusions.
27 June 2008
AMEC is one of the nine firms shortlisted to manage the project.
31 March 2008
ENEC announced plans to construct the Barakah Nuclear Power Plant project.