M a r k e t N e w s
Rosatom to officially begin constructing nuclear power plant in Africa
Posted on : Friday , 8th January 2016
Russia’s national nuclear corporation Rosatom will commence the construction of first nuclear power plant in Egypt after signing an agreement. In the contract signed, the construction of the power plant in Egypt will begin early 2016. According to the press release given by the company the construction of the nuclear power plant will commence in the first quarter of 2016.
“The plan will be actualized after the contract for the construction of the power plant is signed and this will be a great achievement to Egypt as the construction will be the first ever done by Russia in Egypt” the release said
In early November 2015 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 project that was agreed on will cost $25 billion and outline 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.
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.
Source : constructionreviewonline.com
