RSS Feed (xml)
nuclear power plants saying that the decision between the three rival
bidders was too close to call, an Abu Dhabi daily said Monday. "What
happened ultimately was some of the bids were so close in some areas,
we decided to proceed with all three," a senior government official
told The National. "It will mean a slightly longer period of
negotiations." The decision on the contract, which was due to be
awarded this Wednesday, will not come out until the end of the month,
the newspaper reported, citing an unidentified diplomat. A French
group led by Areva, Electricite de France, GDF Suez and Total is
competing against a Japanese-American alliance of Hitachi and General
Electric, and a Korean-American consortium comprising Korea Electric
Power, Samsung, Hyundai and US firm Westinghouse. The Arab world's
second-largest economy, the United Arab Emirates is seeking to reduce
its dependence on hydrocarbons for power generation and to boost its
image as an environmentally friendly country.
