Russia and Egypt are expected to sign a contract to build Egypt's first nuclear power plant - four units each with 1,200MW capacity - once it is approved by Egypt’s Supreme Administrative Court. The deal will be worth $4.5 billion over the next 20 years, according to Russian news agency Interfax.
Russia and Egypt are expected to sign a contract to build Egypt's first nuclear power plant - four units each with 1,200MW capacity - once it is approved by Egypt’s Supreme Administrative Court. The plant, which will be situated on the country’s Mediterranean coast, is estimated to be worth over $26bn and is said to be the biggest Russian-Egyptian construction project since the Aswan Dam.