Egypt to generate electricity from Dabaa nuclear plant in 2024
Ismail made the comments in a televised speech at the launch ceremony of the East Port Said harbour development project.
Egypt signed the nuclear plant deal with Russia’s state-owned nuclear firm Rosatom on 19 November.
Moscow will provide finance for the construction, with repayment coming through a share of revenues over a 35-year period.
Egypt will pay for the power plant with proceeds from “the actual production of electricity” from this plant, President Abdel Fattah al-Sisi said at a press conference following the signing ceremony. ■