Thorium Power said on Tuesday it would advise the UAE government on the development of its domestic nuclear energy program under two contracts worth a total of $8.1 million.
The US-based nuclear energy firm publicly acknowledged two previously announced agreements following the launch in April of the UAE policy on its nuclear energy programme.
The US-based nuclear energy firm publicly acknowledged two previously announced agreements following the launch in April of the UAE policy on its nuclear energy programme.
Under a $3.8 million contract, Thorium will assist in the development of a roadmap report with recommendations related to the possible establishment of a civil nuclear energy programme in the Gulf state.
In a second deal with professional fees of $4.3 million, the company is consulting in the development of timelines, organisational structure and priorities for the establishment of a Nuclear Energy Programme Implementation Organisation (NEPIO), and an independent federal Nuclear Regulatory Authority (NRA).
In a second deal with professional fees of $4.3 million, the company is consulting in the development of timelines, organisational structure and priorities for the establishment of a Nuclear Energy Programme Implementation Organisation (NEPIO), and an independent federal Nuclear Regulatory Authority (NRA).
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