Egypt Secures Deal for First Nuclear Power Plant

The Egyptian electricity and renewable energy minister, Mohamed Shaker el-Markabi and the head of Russia’s Rosatom State Atomic Energy Corporation, Sergey Kiriyenko, have signed two agreements for the funding and development of Egypt’s first nuclear power plant (NPP).

The signing took place in Cairo on Thursday during a televised ceremony, which was attended by the Egyptian President, Abdel Fattah el-Sisi.

“For a long time, Egypt has dreamt of having a peaceful nuclear programme for the production of electricity,” Sisi said of the project.

The selected site for the nuclear power plant is in the North-West of the country and will comprise of four 1,200 MW nuclear reactors.

Sisi announced the project, which will cost around $20 million, in February during a visit by Russian President Vladimir Putin, when a memorandum of understanding was signed.

This partnership will enable the development of Egypt’s local working force who will have the ability to get practical experience and training in how to successfully operate and maintain a NPP.

Source: ESI Africa

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