On December 11, Moscow and Cairo signed a deal to build the first ever nuclear power plant in Egypt. The deal was made during a visit of Russia’s Vladimir Putin to Cairo where the Russian president met with Egyptian President Abdel Fattah el-Sisi.
The nuclear power plant will be located in the city of Dabaa, on the Mediterranean coast, in about 130 km northwest of Cairo. The plant will include four 1,200-megawatt nuclear reactors. It is due to be completed in 2022 and possibly generate power in 2024. According to media reports, the construction cost will be about 30 billion USD.
The deal was signed by Alexei Likhachev, the head of Russian state nuclear company Rosatom, and Electricity and Renewable Energy Minister of Egypt Mohamed Shaker.