12 Dec 2010
(MENAFN) Egyptian Minister of Electricity and Energy Hassan Youniss stated that Cairo will fully operate the country’s first nuclear power plant, expected to cost $1.8 billion, by 2019, AP reported.
According to Youniss, Egypt will open international bidding for the plant’s construction at the end of the year.
The minister also noted that Egypt plans to build three more nuclear plants by 2025.
President Hosni Mubarak first announced plans to build a number of nuclear power plants in 2007, reviving a program that was publicly shelved in the aftermath of the 1986 Chernobyl accident at a Soviet nuclear plant in what is now Ukraine.
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BBK and CrediMax launch exclusive offers for customers in collaboration with The Ritz-Carlton, Bahrain
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BBK’s BD 5,000,000 Al Hayrat scheme awards BD 680,000 to 390 Al Hayrat winners in August and September
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CBB approves the transfer of the retail banking operations of HSBC Bank Middle East, Bahrain Branch to BBK
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BBK hosts executive leadership session on digital assets in collaboration with Rain
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