El Dabaa Nuclear Power Plant
El Dabaa Nuclear Power Plant is the first nuclear power plant planned for Egypt and will be located at El Dabaa, Matrouh Governorate, Egypt, which is about 290 Kilometers northwest of Cairo.[4] The plant will have four VVER-1200 reactors, making Egypt the only country in the region to have a Generation III+ reactor.[5][6]
| El Dabaa Nuclear Power Plant | |
|---|---|
| |
| Official name | محطة الضبعة للطاقة النووية |
| Country | Egypt |
| Location | El Dabaa, North Coast |
| Coordinates | 31°5′4″N 28°24′28″E |
| Status | Proposed |
| Commission date | 2026 (expected)[1][2] |
| Construction cost | US$28.75 billion[3] |
| Nuclear power station | |
| Reactor type | VVER-1200 |
| Reactor supplier | Rosatom |
| Cooling source | Mediterranean Sea |
| Cogeneration? | Yes |
| Power generation | |
| Units planned | 4 × 1,200 MW |
| Nameplate capacity | 4,800 MW |
History
On November 19, 2015 Egypt and Russia signed an initial agreement, under which Russia will build and finance Egypt’s first nuclear power plant.[5] In November 2017 preliminary contracts for the construction of four VVER-1200 units were signed in the presence of Egyptian President Abdel Fattah el-Sisi and Russian President Vladimir Putin.[6]
Finance
The project will cost US$28.75 billion of which Russia will finance 85% as a state loan of US$25 billion and Egypt will provide the remaining 15% in the form of installments. The Russian loan has a repayment period of 13 years, with an annual interest rate of 3%.[1][7]
References
- Alsharif, Asma (19 May 2017). "Russia to lend Egypt $25 billion to build nuclear power plant". Reuters. Archived from the original on 16 May 2017. Retrieved 15 May 2017.
- http://www.rosatom.ru/production/design/stroyashchiesya-aes/
- "El Dabaa Nuclear Power Plant". Power Technology. Retrieved 10 October 2018.
- Essam El-Din, Gamal (15 April 2017). "'Egypt and Russia to sign contract for Dabaa nuclear power station very soon,' says MP". english.ahram.org.eg. Al-Ahram. Archived from the original on 25 April 2017. Retrieved 15 May 2017.
- Shay, Shaul (November 2015). "The Egypt – Russia nuclear deal" (PDF). Herzliya Conference. Archived (PDF) from the original on 29 July 2017. Retrieved 15 May 2017.
- "'Notice to proceed' contracts signed for El Dabaa". World Nuclear News. 11 December 2017. Retrieved 12 December 2017.
- Farag, Mohamed (12 February 2017). "Electricity ministry to hold popular conference announcing details of Dabaa nuclear plant". Daily News Egypt. Archived from the original on 12 February 2017. Retrieved 15 May 2017.