VIENNA, September 27. /TASS/. Head of Russian state nuclear corporation Rosatom Sergey Kiriyenko will hold talks with the management of the project for the construction of the Dabaa nuclear power plant in Cairo, Egypt, on September 29.
"Tomorrow I'll fly to Cairo where on Thursday I have a meeting with the leadership of the country. We are actively negotiating with our Egyptian partners on the construction of a nuclear power plant. The contracts are almost ready. We have to only agree on last details," he told reporters.
In August, Egypt’s President Abdel Fattah el-Sisi said that the final agreement on the construction of the NPP will be signed this year.
On November 19, 2015 Russia and Egypt signed an inter-governmental agreement on constructing the first NPP in El Dabaa, consisting of four power units with 1,200 MW capacity each. Under the agreement Cairo is granted a $25 bln loan to build the plant. The project is to be implemented in 12 years. The nuclear power station is expected to be built near the city of El Alamein on Egypt’s northern coast, 3.5 kilometers away from the Mediterranean Sea.