Kiriyenko presents nuclear plant construction proposal to Egypt
MOSCOW. June 9 (Interfax) - Sergei Kiriyenko, the head of the Rosatom state corporation, has presented to the authorities in Egypt Russia's proposals on construction of the first nuclear power plant in that country, a Rosatom representative told Interfax.
The proposal is for construction of four power blocks, each with 1,200 megawatts of capacity.
Rosatom and Egypt's Electricity and Energy Ministry signed the agreement on development of the nuclear plant construction project in February 2015. The project assumes that Russia will provide an intergovernmental loan to Egypt. Commercial contracts may be concluded once the intergovernmental agreements on construction of the facility and on the loan are signed.
A source at Rosatom told Interfax previously that Rosatom expects to sign the contract on construction of the nuclear power plant and to begin pre-project work as early as this year.
The Egyptian authorities announced plans to build a nuclear power plant at El Dabaa on the Mediterranean coast in 2010.
