Russia’ state-owned Rosatom has reached final stages of negotiating the construction of Egypt’s Dabaa nuclear power plant contract, Reuters reported Rosatom vice-president Anton Moskvin Wednesday.
It was expected that the new contract will be signed at the end of this year and the construction of the plant will be completed by 2020, he added during his visit to the United Arab of Emirates.
The plant’s construction is to be accomplished in two phases; Russia will build four reactors, while the other four reactors will be offered for an international tender. Each reactor will produce 1,200 Megawatt of electricity. The construction works are scheduled to start in mid-2016.
In February, Sisi and Putin announced reaching agreements on building the plant and establishing a Russian-Egyptian free trade zone.
In 1981, Egypt allocated the Dabaa area in the Mediterranean governorate of Matrouh, 183.9 miles to the northwest of Cairo, to build its first nuclear plant of 55 square kilometers.
