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Asharq Al-Awsat
Asharq Al-Awsat
Business
Cairo - Asharq Al-Awsat

South Korea Selected to Participate in Egyptian Nuclear Power Plant Project

Korea Hydro & Nuclear Power (KHNP) has been selected to participate in Egypt’s El-Dabaa nuclear power plant project. (AFP file photo)

Korea Hydro & Nuclear Power (KHNP) has been selected to participate in Egypt’s El-Dabaa nuclear power plant project, Yonhap News Agency said on Sunday.

KHNP said it has been selected as the single-source supplier of "turbine islands" for Egypt's first nuclear power plant project, except for four 1,200-MW reactors with a capacity of 4,800 megawatts being built by Russia.

The two sides plan on completing the negotiations regarding the contract by the end of next month and to sign it in the end of April.

The El Dabaa NPP will be built on the Mediterranean coast, about 300 km northwestward of Cairo

The nuclear power plant project is based on contracts that entered into force on December 11, 2017.

Moscow will supply Russian nuclear fuel for its entire life cycle. It will also assist Egyptian partners in training personnel and plant maintenance for the first 10 years of its operation.

Russia is also contracted to build a special storage facility and supply containers for storing used nuclear fuel.

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