Egypt, Russia sign $21 bln nuclear power plant deal

12/12/2017 Argaam

 

Egypt and Russia on Monday signed a $21 billion deal to start work on Egypt’s Dabaa nuclear power plant, the Egyptian TV reported.

 

The agreement was inked by Egypt’s Minister of Electricity Mohamed Shaker and Alexey Likhachev, chief executive of Russia’s state-owned nuclear corporation Rosatom, in the presence of Egyptian President Abdel-Fattah al-Sisi and his Russian counterpart Vladimir Putin.

 

In February 2015, Putin and Sisi had signed an initial agreement to build a four-reactor nuclear power station in Egypt by 2022.

Comments {{getCommentCount()}}

Be the first to comment

loader Train
Sorry: the validity period has ended to comment on this news
Opinions expressed in the comments section do not reflect the views of Argaam. Abusive comments of any kind will be removed. Political or religious commentary will not be tolerated.