{"id":547994,"date":"2022-07-21T04:00:24","date_gmt":"2022-07-21T04:00:24","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2022\/07\/21\/rosatom-starts-construction-of-dabaa-nuclear-plant\/"},"modified":"2022-07-21T04:00:24","modified_gmt":"2022-07-21T04:00:24","slug":"rosatom-starts-construction-of-dabaa-nuclear-plant","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2022\/07\/21\/rosatom-starts-construction-of-dabaa-nuclear-plant\/","title":{"rendered":"Rosatom starts construction of Dabaa nuclear plant"},"content":{"rendered":"

<\/a> The Dabaa nuclear plant is finally getting off the ground: <\/strong>Russian state nuclear company Rosatom has started building the 4.8 GW Dabaa nuclear power plant, the company said in a statement<\/a>. The company yesterday began laying the concrete foundations for the plant, kicking off an eight-year construction process that is expected to see it come online at the beginning of the next decade.<\/p>\n

Refresher:<\/strong> Rosatom was contracted in 2015 to handle the construction and provide fuel for the plant, which will feature four 1.2-GW reactors. The facility will cost somewhere around USD 30 bn, 85% of which is being financed through a USD 25 bn loan from Russia, with Egypt scheduled to begin repaying the sum in October 2029.<\/p>\n

Covid forced a two-year delay:<\/strong> Construction work was set to begin in the second half of 2020<\/a> and complete by the 2028-2029 fiscal year, but disruptions caused by the pandemic now means that the plant is unlikely to be up and running before 2030. Rosatom acquired a license<\/a> to begin construction earlier this month.<\/p>\n

The news was picked up in the foreign press:<\/strong> Bloomberg<\/a> | The National<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"

The Dabaa nuclear plant is finally getting off the ground: Russian state nuclear company Rosatom has started building the 4.8 GW Dabaa nuclear power plant, the company said in a statement. The company yesterday began laying the concrete foundations for the plant, kicking off an eight-year construction process that is expected to see it come […]<\/p>\n","protected":false},"author":1,"featured_media":547995,"comment_status":"closed","ping_status":"open","sticky":false,"template":"single-feature.php","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[7207],"tags":[471,93,72,677,470,270],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-547994","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-energy","tag-dabaa-nuclear-plant","tag-energy","tag-enterpriseam","tag-nuclear-energy","tag-rosatom","tag-russia","wpautop","entry"],"acf":{"mongo_id":"60ea8ab6-9f81-43cc-a75d-b3ff1de7a342","is_powered_by":true,"story_type":"1","photo_url":"https:\/\/ent.news\/2022\/7\/223.jpg","photo_position":"above","related_issue":[547983],"teaser":"","voice_url":""},"yoast_head":"\nRosatom starts construction of Dabaa nuclear plant - EnterpriseAM Egypt<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterpriseam.com\/egypt\/2022\/07\/21\/rosatom-starts-construction-of-dabaa-nuclear-plant\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Rosatom starts construction of Dabaa nuclear plant\" \/>\n<meta property=\"og:description\" content=\"The Dabaa nuclear plant is finally getting off the ground: Russian state nuclear company Rosatom has started building the 4.8 GW Dabaa nuclear power plant, the company said in a statement. 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The permit \u201c[paves] the way for the launch of full-scale construction\u201d at Dabaa, Rosatom Director-General Alexey\u2026","rel":"","context":"In "Energy"","block_context":{"text":"Energy","link":"https:\/\/enterpriseam.com\/egypt\/category\/industries\/energy\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2022\/7\/90.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":542834,"url":"https:\/\/enterpriseam.com\/egypt\/2022\/01\/19\/rosatom-on-track-to-break-ground-on-dabaa-in-july\/","url_meta":{"origin":547994,"position":1},"title":"Rosatom on track to break ground on Dabaa in July","author":"enterpriseam admin","date":"19 January 2022","format":false,"excerpt":"Construction on the Dabaa nuclear power plant is on track to begin \u201cthis summer, tentatively in July,\u201d the director of Russia\u2019s state-owned Rosatom, General Alexey Likhachev, told TASS. The timeline matches what we were told by Egyptian Nuclear and Radiological Regulatory Authority (ENRRA) spokesperson Karim Al Adham last year, after\u2026","rel":"","context":"In "Energy"","block_context":{"text":"Energy","link":"https:\/\/enterpriseam.com\/egypt\/category\/industries\/energy\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2022\/1\/229.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":548928,"url":"https:\/\/enterpriseam.com\/egypt\/2022\/08\/28\/south-korea-signs-usd-2-2-bn-contract-with-rosatom-for-dabaa-nuclear-plant\/","url_meta":{"origin":547994,"position":2},"title":"South Korea signs USD 2.2 bn contract with Rosatom for Dabaa nuclear plant","author":"enterpriseam admin","date":"28 August 2022","format":false,"excerpt":"South Korea is getting in on Dabaa: South Korea\u2019s state nuclear power company has signed a KRW 3 tn (USD 2.2 bn) contract with Rosatom to supply equipment and help build the 4.8 GW Dabaa nuclear plant, the companies said in separate statements (here and here) on Thursday.In detail: Rosatom\u2019s\u2026","rel":"","context":"In "Energy"","block_context":{"text":"Energy","link":"https:\/\/enterpriseam.com\/egypt\/category\/industries\/energy\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2022\/8\/413.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":546988,"url":"https:\/\/enterpriseam.com\/egypt\/2022\/06\/05\/russias-rosatom-forges-ahead-with-equipment-for-dabaa-nuclear-plant\/","url_meta":{"origin":547994,"position":3},"title":"Russia\u2019s Rosatom forges ahead with equipment for Dabaa nuclear plant","author":"enterpriseam admin","date":"5 June 2022","format":false,"excerpt":"One step closer to the \u200b\u200bDabaa nuclear plant: Russian state nuclear company Rosatom has started manufacturing equipment for the 4.8 GW Dabaa nuclear power plant, it said in a statement. Rosatom said in January that it expects to be able to begin construction this summer after covid-related delays pushed the\u2026","rel":"","context":"In "Also on our Radar"","block_context":{"text":"Also on our Radar","link":"https:\/\/enterpriseam.com\/egypt\/category\/also-on-our-radar\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":593827,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/10\/10\/rosatom-to-break-ground-on-egypts-dabaa-plant-by-mid-2020\/","url_meta":{"origin":547994,"position":4},"title":"Rosatom to break ground on Egypt\u2019s Dabaa plant by mid-2020","author":"enterpriseam admin","date":"10 October 2019","format":false,"excerpt":"Rosatom\u2019s Atomstroyexport (ASE) expects to break ground on the construction of the USD 30 bn Dabaa nuclear power plant by mid-2020, ASE Egypt director Anatoly Kovtunov tells Al Mal. Kovtunov said earlier this week that the company plans to issue 20 tenders for the plant\u2019s construction and management projects, and\u2026","rel":"","context":"In "Energy"","block_context":{"text":"Energy","link":"https:\/\/enterpriseam.com\/egypt\/category\/industries\/energy\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":575508,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/10\/18\/dabaa-nuclear-power-plants-could-generate-4x-returns-for-egypt-rosatom\/","url_meta":{"origin":547994,"position":5},"title":"Dabaa nuclear power plants could generate 4x returns for Egypt -Rosatom","author":"enterpriseam admin","date":"18 October 2020","format":false,"excerpt":"The Dabaa nuclear power plant is expected to generate returns worth 4x the amount spent on its construction, Alexander Voronkov, CEO of Rosatom's Middle East unit, said in an interview with state news agency MENA. 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