Russia’s national nuclear corporation Rosatom plans to sign a contract on construction of a nuclear plant in Egypt in the first quarter of 2016, a source in the company said on Monday.
"The plan is to conclude a contract on construction of a nuclear power plant in Egypt in the first quarter of 2016," the source said.
As TASS reported earlier on November 19 Russia and Egypt signed an intergovernmental agreement on construction of a nuclear power station in El Dabaa in the Arab Republic of Egypt to be equipped with four 1,200 MW reactors.
The agreement worth $25 billion outlines the parameters of the Egyptian nuclear power plant to be built with the use of Russian technologies and further steps to develop nuclear infrastructure in Egypt. It also provides for the NPP’s supply with nuclear fuel, commitments of operation, technical maintenance and repairs of the power units.
The document prescribes how to handle spent nuclear fuel; train the nuclear power plant’s personnel; help Egypt to improve its rules and regulations in the nuclear power industry and nuclear infrastructure. Moscow and Cairo also signed an agreement for granting a state export credit for the NPP’s construction.
The nuclear power station is expected to be built near the city of El Alamein on Egypt’s northern coast, 3.5 kilometres away from the Mediterranean Sea. Rosatom planned to launch survey in December 2015.
First published by TASS.
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