CAIRO: Egypt and Russian nuclear experts and officials plan to hold several meeting in the coming few days to complete a final agreement on building first nuclear power plant in Egypt, Youm7 reported.
President Abdel Fatah al-Sisi and his Russian counterpart Vladimir Putin announced Feb.10 that Moscow would assist Egypt to construct its first nuclear power plant in Dabaa (183.9 miles from Cairo on the North Coast) in a news conference in Cairo.
The first phase of the project will include the establishment of two nuclear-operated facilities to produce electricity with capacity of 950 to 1,600 megawatts each, an official from the Egyptian Ministry of Electricity told Youm7 Wednesday. He noted that the first phase of the project would be completed by 2016.
The official, who is not authorized to speak to media, added that the Russian delegation which is visiting Cairo reviewed the project files with Egyptian experts and praised the location of Dabaa, which they visited Saturday.
He noted that the second round of building the plant would be in cooperation with China.
The Russian Rosatom State Nuclear Energy Corporation announced Feb. 27 it is looking at investments in the nuclear industry in Egypt.
Building the two facilities may save $16 billion, the cost of the fuel that would be required for electricity production over the coming two years, expert predict, citing figures that Egyptian oil-operated electricity plants annually consume 2 million tons of fuel while the two nuclear-operated facilities would need 50 tons of fuel.
In November 2014, President Sisi allocated a 2,300-acre tract for building an urban settlement in Dabaa for the workers and locals.
Additional reporting by Rahma Ramadan