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Egypt’s authorities emphasized that nuclear power sector is a base for the diversification of electricity generation sources in the country, the presidency said in a statement. On Sunday, President Abdel Fattah El-Sisi held a meeting with Prime Minister Dr. Mostafa Madbouly and a number of relevant ministers.
The meeting focused on plans to develop the national electricity system and the available financing mechanisms for this purpose. By 2028, Rosatom will build four units of the plant with VVER-1200 nuclear reactors and will supply nuclear fuel throughout the life cycle of the NPP (60 years), as well as provide personnel training, maintenance and repair services for 10 years after the startup of each unit. The contract also provides for the construction of the first module of dry containerized storage of spent nuclear fuel by 2028.
Egypt expects the NPP to reach full capacity by 2030..
