Egypt to go nuclear?

13 December 2010

Egypt’s ministry of electricity plans to have a fully operational nuclear power plant by the end of the decade

The state-run MENA news agency quoted Minister of Electricity Hassan Younis saying that Egypt will also erect three other nuclear plants by 2025.

International bidding for the plant’s construction will begin at the end of the year. The ministry expects costs to be around $1.6 billion.

Younis was in Russia last month for talks with Russian officials on boosting cooperation programs between the two countries, with special focus on the nuclear sphere. During the trip, he visited a number of power generation nuclear plants and held talks with heads of Russian nuclear component manufacturing companies.

Younis is reported to have said that Egypt and Russia approved the formation of specialized working groups of experts in the fields of development and training of Egyptian cadres, nuclear power technology; assessment and development of crude uranium sources and developing infrastructure and legislative framework to put Egypt’s nuclear program into effect. Sergei Kiriyenko Chief of Russia’s State Atomic Energy Corporation (Rosatom) hailed cooperation between Russia and Egypt in the energy sector.

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