Undersecretary of the Ministry of Electricity Hassan Mahmoud Hassanein led a high-level delegation to participate in the Ministerial Conference on Nuclear Science and Technology of the International Atomic Energy Agency (IAEA), held Thursday in Vienna. Amer added that Egypt has begun implementing four nuclear power units for the production of electricity to meet its development needs, stressing Egypt’s full commitment to its obligations under the Nuclear Non-Proliferation Treaty. In 2015, Moscow and Cairo signed an agreement for Russia to build a nuclear power plant in Egypt, with Russia extending a loan to cover the cost of construction. The Russian state-owned nuclear firm Rosatom expects the plant, Egypt’s first, to complete construction in Dabaa by 2022. Russia will loan Egypt $25 billion to finance the building and operation of the nuclear power plant.

Source: Egypt Independent November 30, 2018 09:33 UTC