The Egyptian Atomic Energy Authority (EAEA) will establish a plant with Wadi El-Nil Company that will produce nuclear fuel to be used in nuclar power generating plants and atomic plants, Al Mal News reported.
The EGP 35 million plant will be constructed over two phases, and the first phase will be completed within three years, head of the EAEA Atef Abdel Hamid said in a press conference.
Egypt agreed with Russia to import crude nuclear fuel for $800,000 in 2017, Abdel Hamid said.
The construction of Al Dabaa, Egypt’s first nuclear power plant, could start in 2020, Rosatom CEO Alexei Likhachev previously announced, according to Al Ahram Newspaper.
Egyptian President Abdel Fattah El Sisi and Russian President Vladimir Putin attended the signing of the Dabaa agreement and officially launched the nuclear plant during Putin’s visit to Cairo in December 2017.
“If we proceed according to the schedule set by the presidents [of Russia and Egypt] on December 11, this [start of construction] will provisionally take place in 2020,” Likhachev pointed out, adding that the project’s preparation work has been taking place at the plant’s site in Egypt’s north coast.