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    Construction Of El Dabaa Nuclear Facility In Egypt To Begin In July 2022


    January 21, 2022 - Fitch Solutions Sector Intelligence

     

      THIS COMMENTARY IS PUBLISHED BY FITCH SOLUTIONS COUNTRY RISK & INDUSTRY RESEARCH and is NOT a comment on Fitch Ratings' Credit Ratings. Any comments or data are solely derived from Fitch Solutions Country Risk & Industry Research and independent sources. Fitch Ratings analysts do not share data or information with Fitch Solutions Country Risk & Industry Research.

      Construction Of El Dabaa Nuclear Facility In Egypt To Begin In July 2022

      • 21 Jan 2022
      • Egypt
      • Infrastructure

      News: Russia-based ROSATOM has reported that construction of the USD30.0bn El Dabaa nuclear power plant (NPP) in the Matrouh Governorate, Egypt is expected to begin in July 2022. The 4.8GW NPP will come up in El-Dabaa city and will feature four Generation III+ VVER-1200 reactors, each with a capacity of 1.2GW. The Government of Russia will provide an export loan of USD25.0bn, while the Egyptian government will provide the remaining cost (Egypt Today).

      This report from Fitch Solutions Country Risk & Industry Research is a product of Fitch Solutions Group Ltd, UK Company registration number 08789939 ('FSG'). FSG is an affiliate of Fitch Ratings Inc. ('Fitch Ratings'). FSG is solely responsible for the content of this report, without any input from Fitch Ratings.

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