Contracts and procurement
Saudi Power Procurement Company (SPPC) has finalized four storage service agreements for battery energy storage systems (BESS) projects, representing a total investment exceeding $1.16 billion. These projects will add 2,000 MW/8,000 MWh of storage capacity to the grid in Saudi Arabia.
The Uttarakhand Cabinet has approved the procurement of 1,320 MW of coal-based power from Adani Power Limited for a 25-year term. This decision aims to enhance energy security and ensure a reliable base-load power supply for the state.
Founder Energy Sdn Bhd has been awarded a subcontract for a 29.99MWac solar photovoltaic project in Kuala Muda, Kedah, under Malaysia’s Corporate Green Power Programme (CGPP). The subcontract, valued at RM6.05 million (approximately USD 1.5 million), involves procurement, electrical and mechanical installation, testing, and commissioning services.
The Nuclear Energy Organisation of the Netherlands (NEO NL) has initiated Front-End Engineering Design (FEED 1) studies with EDF and Westinghouse for two new nuclear power plants. These studies, divided into two phases, will assess reactor designs against Dutch regulatory requirements and prepare detailed proposals for construction. This follows earlier feasibility studies and aims to ensure a robust procurement process for the planned 1000-1650 MWe reactors, expected to be operational by 2035.
Niger's Council of Ministers has awarded a large uranium mining permit for the Arlit region to the state-owned Teloua Safeguarding Uranium Mining Company (TSUMCO SA). This follows the nationalization of SOMAÏR and the revocation of Orano's mining permits. Additionally, the Madouela project permit has been reallocated to the Madaouela Mining Company (MAMICO), a new entity in which the state of Niger holds a 40% stake.
Site work for a small modular reactor (SMR) project in Myanmar could commence in 2027, following an intergovernmental agreement and the establishment of a comprehensive contractual framework. The project aims to develop a 110 MW facility with two RITM-200N pressurized water reactors, with potential expansion to 330 MW.
Kazakhstan's state uranium producer reports strong financial performance and signs new supply agreements as utilities move away from spot-market reliance, while a critical sulphuric acid plant project faces construction delays.
The South Korean manufacturer will supply core internals for TerraPower's sodium-cooled fast reactor, marking a milestone in the commercialization of advanced SMR technology.
The South Korean supplier will deliver eight large forged components for two additional units at the Laiyang nuclear power project in Shandong province by 2029.
A collaboration to deploy small modular reactors alongside gas turbines at a data centre site has progressed to detailed engineering and licensing phases, with a final investment decision targeted for 2027.
Mitsubishi is close to exiting the flue gas desulphurisation (FGD) work at NTPC’s Farakka Super Thermal Power Station after reaching an agreement with compensation terms.
TerraPower says it has selected Hyundai Engineering & Construction (HDEC) as its engineering, procurement and construction (EPC) contractor under a new framework agreement aimed at supporting commercial deployment of its Natrium sodium-cooled fast reactor fleet, while discussions with Korean partners also cover engineering collaboration and Korea-focused financing support.