View all newsletters
Receive our newsletter – data, insights and analysis delivered to you
  1. News
December 13, 2017

Rosatom to build $30bn El Dabaa nuclear power station in Egypt

Rosatom and Egypt’s Ministry of Electricity and Renewable Energy have signed notices to proceed for contracts concerning development of the new $30bn El Dabaa nuclear power plant.

Rosatom and Egypt’s Ministry of Electricity and Renewable Energy have signed notices to proceed for contracts concerning development of the new $30bn El Dabaa nuclear power plant.

Under the deal, Rosatom will be responsible for providing nuclear fuel, spent fuel, and operations and maintenance (O&M) related goods and services for the 4,800MW plant, as well as undertaking construction work.

Rosatom director general Alexey Likhachev said: “The contracts we’ve signed are a record-breaking deal in the history of the nuclear industry. The total cost of all four contracts amounts to billions of US dollars, also being the biggest non-feedstock deal in Russian history.

“Rosatom will be responsible for providing nuclear fuel, spent fuel, and operations and maintenance (O&M) related goods and services.”

“We offered our partners in Egypt a unique comprehensive agreement that spans the power plant’s entire lifecycle, which is 70 to 80 years.”

Rosatom will carry out personnel training at the plant and will provide O&M solutions for the first ten years of its operational period.

Located in the Matrouh region on the Mediterranean coast, the El Dabaa project will comprise four water-water energetic reactor (VVER) 1,200 units, each with a capacity of 1,200MW.

The nuclear reactors will be owned and operated by Egypt’s Nuclear Power Plants Authority, which is a part of the Ministry of Energy.

Once operational, the plant will ensure competitive electricity pricing over a period of 60 years in Egypt.

Related Companies

NEWSLETTER Sign up Tick the boxes of the newsletters you would like to receive. The top stories of the day delivered to you every weekday. A weekly roundup of the latest news and analysis, sent every Wednesday. The power industry's most comprehensive news and information delivered every month.
I consent to GlobalData UK Limited collecting my details provided via this form in accordance with the Privacy Policy
SUBSCRIBED

THANK YOU

Thank you for subscribing to Power Technology