Bechtel gets Egyptian nuclear power contract

22 December 2008 – The Egyptian government has chosen Bechtel Power Corp. as contractor to design and consult on the country’s first nuclear power plant, a statement from the Ministry of Electricity and Energy said.

Bechtel offered to do the work for around 1 billion Egyptian pounds (US$180 million) over a 10-year period, it said. Egypt said in October 2007 it would build several civilian nuclear power stations to meet its energy needs.

The winning company will choose the technology and the site for the reactors, ensure quality control for the project, train personnel to run the power plant and provide other technical services until the plant starts operations.

Bechtel will consider five locations for the first nuclear plant, starting with Dabaa on the Mediterranean coast west of Alexandria, the site where the Egyptian government was planning to build a power station in the 1980s, officials said.

Bechtel competed against six other consortiums, including Australia’s WorleyParsons, Sweden’s AF Consult, a consortium of Spain’s Iberdrola and Empresarios Agrupados, a consortium of Finland’s Poyry and Invap of Argentina, a consortium including Belgian Tractebel, and a group of U.S. companies with Egypt’s Excel.

Stories of interest:

Bechtel, AFL-CIO agree to negotiate nuke labor agreement

Record performance by U.S. nuclear power industry

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