Schneider Electric Russia has begun negotiations with Rosatom to participate in Dabaa nuclear plant in the upcoming period.

Rosatom Director General Alexey Likhachev and Egyptian Minister of Electricity Mohamed Shaker signed on December 11th the pre-contract notices for the contracts to establish the El Dabaa nuclear power plant.

Ministry of Electricity is planning to finish establishing the nuclear power industry regulator, and its working on appointing officials for it in January 2018.

The cooperation contract signed between Russia and Iran sets that two nuclear plants will have 1,000 MW of capacity each.

Egypt and Russia are close to signing the final contract on the construction of Dabaa nuclear power plant.

After its construction; France's Schneider Electric is aiming to be responsible for energy control and distribution in Egypt's Al Dabaa nuclear power plant by 2019.

South African Eskom has put out a request for information (RFI) from the market on recent nuclear power costs and financing options as it seeks to add more of the energy source to its grid.

South Africa's government has slowed its nuclear power expansion plans with a new timeline setting the first additional nuclear power plant coming on stream in 2037.

The Egyptian Minister of Electricity and Renewable Resources, Mohamed Shaker, stated that Egypt must produce a total of 21,952 MW of power until 2018, to meet local demand. This requires investments estimated at EGP 111b.

Egypt and Russia concluded all terms of the agreement concerning the construction of a nuclear power plant in El Dabaa.