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Cairo, Moscow sign contract for Egypt's first nuclear plant

The contract to build the plant in Dabaa on the Mediterranean coast was signed during a live ceremony attended by the Russian leader and Egyptian President Abdel Fattah al-Sisi

AFP | PTI  |  Cairo 

Vladimir Putin, Sisi
Vladimir Putin, Sisi. Photo: Reuters

and signed a final contract today for the building of Egypt's first nuclear power plant, during a visit to by President

The contract to build the plant in on the Mediterranean coast was signed during a live ceremony shown on state television and attended by the Russian leader and Egyptian President Abdel Fattah al-

The contract was signed by the head of Russian state nuclear company Rosatom, Alexei Likhachev, and Egypt's electricity and renewable energy minister, Mohamed Shaker.

Egyptian media reports put the cost of the plant at around $30 billion.

The two countries signed two agreements in November 2015 for to finance and build the power plant, with four 1,200 megawatt reactors, in

First Published: Mon, December 11 2017. 21:38 IST
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