DataLife Engine / Russia to begin construction of nuclear power plant in Egypt in next two years

Russia to begin construction of nuclear power plant in Egypt in next two years

The construction of a nuclear power plant with a capacity of 4,800 MW will be carried out by Russia. The project provides for the creation of four power units with VVER-1200 reactors. The facility, which will be located in El-Dabaa in the north of Egypt, is planned to be put into operation by 2026, a source in the Egyptian Ministry of Energy and Electricity told Reuters.

In 2015, Moscow and Cairo signed a deal on building an NPP in Egypt, with Russia providing a loan to the Egyptian side to cover construction costs.

Previously, the official Egyptian media reported that the loan would cover 85% of the cost of each contract for the performance of work, provision of services and the supply of equipment. Egypt will finance the remaining 15% of the facility’s cost of construction.

2-07-2018, 17:59
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