Construction of Egypt’s first nuclear power plant to begin next year

Construction of Egypt’s first nuclear power plant to begin next year

Author: Wed, 2020-08-19 23:22

CAIRO: The Nuclear Power Plants Authority (NPPA) confirmed that a permit is expected to be issued for construction of the Dabaa nuclear power plant site in the second half of 2021.

It will be Egypt's first nuclear power plant, and will be built in the city of Dabaa in Matrouh governorate, about 130 km northwest of Cairo.

NPPA Chairman Amjad Al-Wakeel said a permit request to accept construction was issued on March 10, 2019, to start construction of the plant with a capacity of 4,800 MW.

It will be built by Russia's Rosatom State Atomic Energy Corp. at a cost of more than $25 billion.

It is expected that 85 percent of the project cost will be financed through a Russian loan that Egypt will start repaying in October 2029 through semi-annual