*Photo Image: ArabianBusiness.com*
By: Economic & Finance Report
Nawah Energy Company (unit/ENEC), a unit of the Emirates Nuclear Energy Corporation , has signed a long term joint agreement with middle east nuclear powerhouse EDF Abu Dhabi.
Nawah will operate and maintain the Barakah Nuclear Energy Plant, that is being established in Abu Dhabi, UAE. The Barakah Nuclear Energy Plant will be the first nuclear energy plant in the Arab region.
The agreement strengthens both parties; in that allows EDF to be one of the few, if not only firms to build and maintain in the energy sector, within the UAE. For Nawah it provides it strengthened position, in being allowed to continue to maintain, monitor, and operate the Barakh Nuclear Energy plant on day to day basis. -SB