News

Done Deal: Egypt and Russia Sign Nuclear Agreement

Done Deal: Egypt and Russia Sign Nuclear Agreement

Photo: AFP
Photo: AFP

The Egyptian and Russian nuclear authorities signed Thursday the agreement to establish the Dabaa nuclear power plant, nine months after the project was first announced.

President Abdel Fattah El-Sisi attended the ceremony where Egypt’s Nuclear Power Plants Authority and Russia’s Rosatom Corporation signed the deal. Rosatom is assigned to build the new nuclear power plants.

El-Sisi and his Russian counterpart Vladimir Putin had agreed on the nuclear cooperation in February of this year during Putin’s visit to Egypt.

The Project Development Agreement signed that day provides for the construction of two nuclear power units, while on the whole it is planned to construct four units, Director General of Rosatom Corporation Sergey Kirienko stated following the presidents’ joint declaration. Another four units are currently up for an international tender.

Rosatom is the Russian Federation’s national nuclear corporation. It has been operation for 70 years and provides nuclear services that range from uranium enrichment to nuclear waste treatment.

On Friday, El-Sisi met with Kirienko to discuss the financial and technical requirements to construct the nuclear plant.

Construction of the nuclear plant is scheduled to commence in 2016 and will be completed by 2020. The nuclear plant is expected to produce 9,600 megawatts of electricity for Egypt.

Egypt Allocates EGP 175 Million to Boost Airport Security
Britain Working 'Actively and Urgently' to Resume Flights to Egypt's Sharm El-Sheikh

Subscribe to our newsletter


News

More in News

PayTabs Egypt is Giving COVID-19 Impacted Small Businesses Free Access to Digital Payment Solutions

Egyptian StreetsSeptember 24, 2020

Egyptian Journalist Lina Attalah Named One of TIME’s 100 Most Influential People

Amina ZaineldineSeptember 23, 2020

Egypt Signs East Mediterranean Gas Forum Charter

Egyptian StreetsSeptember 22, 2020

14 Fully Intact and Sealed Coffins Discovered after 2,500 Years in Egypt’s Saqqara

Amina ZaineldineSeptember 21, 2020

Egyptian ‘TikTok’ Star Menna Abdel Aziz Released: Lawyers

Egyptian StreetsSeptember 18, 2020

Egypt Braces for Second Wave of COVID-19 with 4-Part Public Health Plan

Egyptian StreetsSeptember 16, 2020

Sinai Development Projects Target 26 Bedouin Communities to Invest in Human Potential

Egyptian StreetsSeptember 15, 2020

Egyptian TV Presenter Radwa El Sherbiny Under Investigation for ‘Hate Speech’ Against Non-Hijabis

Egyptian StreetsSeptember 14, 2020