Showing posts with label Nuclear Energy. Show all posts
Nov 21, 2015
Russia inks deal to build Egypt’s first nuclear plant at Dabaa
Russia has signed two agreements with Egypt to finance and build its first nuclear power plant at Dabaa on the Mediterranean coast in the northwest of the country.
As per one of the agreement, Russia will extend a loan to Egypt to cover the cost of construction of the nuclear plant which is expected to be completed by 2022.
About the agreement
- Russia will grant a 35-year loan to the Egypt which is the Arab world’s most populous country.
- However in the agreement the loan has been not disclosed as the details of the credit agreement are still under discussion.
- Dabaa Nuclear plant will be third-generation plant with four reactors with total capacity of 1,200 MW.
- On completion the plant will make Egypt a regional leader in terms of civil nuclear technology.
Oct 22, 2015
Britain signs landmark nuclear deal with China
Britain has signed a landmark nuclear deal with China to build the United Kingdom’s first nuclear power plant since the 1980s.
The landmark deal was signed in London during the official visit of Chinese President Xi Jinping. The agreement is considered as the first major Chinese investment in Western nuclear facility.
Key facts
- The agreement was signed between French state owned EDF Energy and General Nuclear Power Corporation (CGN) of China.
- Under this deal, nuclear power plant will be built at Hinkley Point, Somerset near London with
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