UAE’s ENEC forms new company to operate nuclear plants

May 17, 2016 6:00 pm

The Emirates Nuclear Energy Corporation (ENEC), the UAE’s top nuclear body, has announced the formation of a new subsidiary, Nawah Energy Company, to operate and maintain the country’s nuclear plants at Barakah, state news agency WAM reported on Tuesday (May 17).


The Board of Directors of ENEC has mandated the corporation’s management to proceed with the formation of the operating company and to ensure the transfer and provision of all required resources for the same, the report said.


“The formation of Nawah as a subsidiary operating company will bring greater focus towards the safe and quality delivery of Units 1-4 at Barakah,” according to ENEC.


In April, Mohamed Al Hammadi, Chief Executive Officer of ENEC, said the project at Barakah was progressing steadily with carrying out 87 per cent construction of Unit 1. At the time, other three units were also advancing with works being partially completed.


The all four units in Barakah are scheduled to be delivered by 2020 and are expected to provide approximately 25 per cent of the UAE’s electricity needs and save up to 12 million tons of greenhouse gas emissions each year.


AMEinfo Staff
By AMEinfo Staff
AMEinfo staff members report business news and views from across the Middle East and North Africa region, and analyse global events impacting the region today.