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Russia starts equipment production for El-Dabaa, Egypt’s 1st nuclear power plant

The El-Dabaa NPP project is the largest joint project between Moscow and Cairo

Russia starts equipment production for El-Dabaa, Egypt’s 1st nuclear power plant

Syzran, August 3 - Neftegaz.RU. A high-ranking delegation led by Mohamed Shaker, Egyptian Minister of Electricity & Renewable Energy has paid a visit to one of Russia’s largest machine-building enterprises, TYAZHMASH, which is based in the Samara region.

The delegation also included Board Chairman of Egypt’s Nuclear Power Plant Authority Amged El-Wakeel, Chairman of the Egyptian Nuclear & Radiological Regulatory Authority Samy Atallah, Rosatom´s 1st Deputy Director General for Nuclear Energy Alexander Lokshin, TYAZHMASH Director General Andrey Trifonov.

During the visit, the delegates inspected the enterprise’s main workshops, where they learned about the production of various equipment for NPPs in China, India, Turkey and checked out the processing of transport gateway elements for Bangladeshi NPP.

Mohamed Shaker said:
  • Today’s truly important event is the result of diligent collaboration by project teams from both Russia and Egypt
Amged El-Wakeel noted:
  • We were ready to see modern technologies at production sites in Russia, and this gives us confidence that our cooperation will allow us to fulfill all contractual obligations: all equipment will be manufactured and delivered on time
Andrey Trifonov said:
  • Our company is now actively involved in the construction of numerous NPP´s both in Russia and abroad
  • We have increased the volume of ‘nuclear’ contracts in our order book to 30% [of the total]
  • TYAZHMASH understands the importance of the El-Dabaa NPP construction project and will meet its tasks to produce high quality equipment in a timely manner
The meeting ended with the signing of an act on the production start of the core catcher devices for power units № 1 and № 2 of Egypt’s El-Dabaa NPP.

The project is being developed under a civil nuclear cooperation agreement signed between Russia and Egypt in 2015, as part of which the Russian state agreed to provide a $25 billion loan covering 85% of the total construction cost of the El Dabaa NPP.

Egypt is required to repay the loan amount at an annual interest rate of 3% from 2029 onwards.
The total project cost is estimated to be $30 billion, and the remaining $5 billion will be funded by Egypt through private investors.

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