KACARE has extended the bids submission deadline for the main construction contract for the kingdom’s first planned nuclear power plant. Bids are now due to be submitted in April, 2024. (February 2024)

• Saudi Arabia working on nuclear feasibility studies and an independent body will be established by third quarter of 2018 to supervise nuclear power development. The King Abdullah City for Atomic and Renewable Energy (KACARE) is set to launch a tender process for its first nuclear reactors as early as next month. (September 2017)
• Client has sent the request for information (RFI) to various companies to submit non-binding offers to build its first nuclear reactor project. The potential bidders are from South Korea, China, France, Russia and Japan. The firms have about two months time to respond. (November 2017)
• Client is in talks Toshiba-owned Westinghouse and France’s EDF for the nuclear plans development. Westinghouse is in talks with other U.S.-based companies to form a consortium for a multi-billion-dollar project to build two reactors. More companies are Rosatom of Russia, Kepco of South Korea and CGN of China. (December 2017)
• Contract award to build first nuclear reactor project is expected by 2018-end. Firms are expected to be pre-qualified by April 2018. Currently, RFIs are being evaluated and discussions with suppliers will be held next month. A joint venture between the Saudi government and the winning developers would be signed in 2019. (January 2018)
• Two potential sites – Umm Huwayd and Khor Duweihin, located on the coast near the UAE and Qatar borders – were shortlisted for project and consultants have been invited to submit proposals for a contract to conduct site study, environmental impact assessment and preliminary safety analysis report, to assist with the selection of the preferred site. The tendering process is expected this year. (January 2018) 
• The Russian State Atomic Energy Corporation (Rosatom), and Kepco of South Korea have been shortlisted for the next stage of the bidding (competitive dialogue) process for the nuclear power project, said a report. EDF, Westinghouse, and CGN are the other possible candidates. (July 2018)
• A consultancy contract for NPP project has been awarded to Assystem of France. The contract scope covers site characterization studies such as geological survey and seismic analyses, as well as environmental impact studies, and work on the impact of the project on the kingdom’s electricity grid. The studies will allow Saudi Arabia to choose the most suitable site on which to build, as well as provide important technical details for the design of the project. The contract duration is 18-months. (August 2018)
• KACARE has awarded the project management services contract to WorleyParsons of Australia for NPP project. The contract scope includes project governance, resource management, project services, training and compliance across the full scope of the NPP, small modular reactors and nuclear fuel cycle. (November 2018)
• Saudi Arabia plans to issue tender this year to construct its first two nuclear power reactors. Saudi officials previously said they aimed to select a vendor in 2019, which then slipped to 2020. The sources said the tender would now be issued in 2021. (April 2019)
• KA-Care has received bids from the financial consultancy firms for the transaction advisory role on the kingdom’s first planned nuclear power plant. The bidders are UK-based – Deloitte, EY, PwC. The project is planned to be a two-reactor 2.8 GW plant being built at Khor Duweihin site on the eastern coast. (August 2021)
• Saudi Arabia’s KA-Care is set to award the financial advisory contract for kingdom’s first planned nuclear power plant (Package 1) imminently. EY of UK has submitted the lowest bid for the contract. Others firms that submitted a proposal for the project were PWC and Deloitte. The scope for a transaction adviser will include conducting feasibility studies and tender document preparation. (November 2021)
• For the KACARE nuclear power plant, Nesma & Partners has signed a MoU with French group Bouygues Travaux Publics to implement all civil and construction works. Bouygues Travaux Publics has entered into a framework agreement with EDF for global cooperation on future projects based on European Pressurized Reactors (EPR) technology. Designed by top French nuclear reactor maker Areva, EPR is the world's largest reactor model with a capacity of 1,600 MW. The Kingdom's Saudi National Atomic Energy Project (SNAEP) includes the installation of a reactor with an electrical capacity of 1200-1600 megawatts to support with the base load in the electrical grid throughout the year. (December 2021)
• Saudi Arabia’s KACARE has awarded the advisory contract to EY of UK for kingdom’s first planned nuclear power plant. The transaction adviser’s scope of work will include conducting feasibility studies and tender document preparation. (June 2022)
• Work on advisory contracts for Saudi Arabia's planned multibillion-dollar nuclear power projects is progressing. Saudi Arabia established a holding company to develop nuclear power projects in the country to produce electricity, desalinate seawater, and thermal energy applications. The kingdom is working on a framework programme for nuclear energy during 2022-2027, which includes capacity building and collaboration with international institutes for research and development. (November 2022)
• The likely bidders for the main construction contract for the kingdom’s first planned nuclear power plant are: China National Nuclear Corporation, Korea Electric Power Corporation (Kepco), Rosatom of Russia. (March 2023)
• The main contract bid submission is likely to be further extended. (June 2023)
• KACARE has extended the bids submission deadline to 31 October, 2023 for the main construction contract for the kingdom’s first planned nuclear power plant. The bids for financial, legal, and technical consultancy contract have been submitted. (August 2023)
• Bids for the project management consultancy package have been submitted for the kingdom’s first planned nuclear power plant. The bidders are: Assystems, AtkinsRealis (SNC-Lavalin Pty Ltd.), Worley. (October 2023)
• KACARE has extended the bids submission deadline to 31 December, 2023 for the main construction contract for the kingdom’s first planned nuclear power plant. (December 2023)