Documents of Nuclear Plant to be reviewed over 18 months
In the Nuclear Industries Suppliers Forum, Desouky explained on Monday that the documents will be reviewed over 18 months by the EAEA before granting the approval.
On November 19, 2015, Egypt and Russia signed an agreement for the latter to build a nuclear power plant in Dabaa extending a $25 billion loan to the former to cover the cost of construction. The loan will cover 85 percent of the plant, with Egypt funding the remaining 15 percent.
According to the deal, Russian nuclear firm Rosatom will finance and construct four third-generation reactors, with a capacity of 1,200 megawatts (MW) each, for a total of 4,800 MW. The plant will be built on approximately 12,000 feddans and is expected to create over 50,000 job opportunities.
On November 27 of the same year, Egypt’s Parliament approved three laws, which allow for the creation of three regulatory bodies on nuclear power.
The laws are believed to help revive Egypt’s program for the use of nuclear power for peaceful purposes, which began in the mid-1980s but came to a halt after the tragic explosion of the Chernobyl reactor in Ukraine in 1986.
Nuclear energy is part of the government’s plan to diversify its energy sources to prevent any future crisis resulting from shortages in electricity.
In July, Egypt’s President Abdel Fatah al-Sisi said during the inauguration of the national megaprojects in the electricity sector that the cost of Dabaa station reached LE 1 trillion.
Egypt will establish the first nuclear plant in the next two to two-and-a-half years, the spokesperson of the Ministry of Electricity told Reuters on July 1.
CAIRO - 21 April 2018: Russian nuclear firm Rosatom announced that a simulator to train Egyptians on managing and operating Egypt's first nuclear power plant in Dabaa will be established soon. In statements to Russian media outlets, Rosatom affirmed that the simulator will include everything which is part of the real nuclear power plant in Dabaa, including programs, devices and the power plant functioning flow.