Barakah One - Barakah Nuclear Power Plant

General Information
Owner Barakah One
Masterplan Project (Parent Profile)
Location Abu Dhabi, Emirate of Abu Dhabi, UAE
Status --
Sector Power, Generation, Nuclear Power Plant
Contract Type Build Operate Transfer (BOT)
Onshore/Offshore Onshore
Greenfield/Brownfield Greenfield
Progress 99
Estimated Budget Value ---
Contract Value 0
Net Value $155m
Award Date October 2009
Completion Date July 2022
Last Updated On June 2022
ProjectId (Old, New) 5798, 116021


Emirates Nuclear Energy Corporation (ENEC) and Korea Electric Power Corporation (KEPCO) are 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$46200 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

Second Section

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 UAE’s 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 ‘fresh’ 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 UAE’s 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 ENEC’s 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 UK’s 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

68% of construction works are completed on the overall project.

01 August 2016

Enec - Barakah Nuclear Power Plant: Reactor 3: The reactor vessel for the plant has been installed at the project site.

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

73% of the first unit and 50% of second unit construction works on the project was completed.

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.

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, France’s Areva, US-based ConverDyn, Canada’s Uranium One, Russia’s Tenex and Urenco, with the fuel supply expected to begin in 2014-15.

12 August 2014

Lloyd’s Register Energy, in partnership with the US’ 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 emirates’ 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 UK’s 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

Westinghouse’s 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 Korea’s 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

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.

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.

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 country’s 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

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)

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)

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

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

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

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

There is speculation it could have generating capacity of 5000 MW, but it is far too early for firm conclusions.

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

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.