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    Egypt Signs Long-Term Nuclear Energy Contract With Russia's ROSATOM

    Business
    By Business Reporter
    - April 19, 2020
    - April 19, 2020
    African Wall StreetEnergy
    Egypt Signs Long-Term Nuclear Energy Contract With Russia's ROSATOM

    ROSATOM, through one of its enterprise Novosibirsk Chemical Concentrate Plants (NCCP) have signed a 10 – year contract with Egypt. Based on the contract, ROSATOM will supply components of low enriched nuclear fuel components for ETRR-2 research reactor.

    The contract is a follow up of a previous 3-year agreement for shipment of fuel components such as Uranium and Aluminium. ROSATOM via TVEL will supply the fuel components to El Dabaa’s Nuclear Power Plant (NPP) 4800MWe for the duration of the contract. The agreement also includes design and construction of a storage facility for all the Nuclear fuel used in the NPP. This will be done by Central Design and Technological Institute, a subsidiary of TVEL.

    This is evidence of a high level of trust in relations between TVEL Fuel Company and our Egyptian partners. Our facilities have more than 40 years of expertise in batch production of nuclear fuel for research reactors, we are capable of fuel components fabrication for all major types of existing nuclear reactors

    Oleg Grigoriyev, Senior Vice President for Commerce and International Business at TVEL

    The ETRR-2 research reactor, located in Inshas Egypt, main uses are for research in particle physics, material science and production of radioisotopes. The reactor has several laboratories and systems for training. It additionally supplies medical elements to its domestic market.

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