CAIRO. Feb 11 (Interfax) - A nuclear power plant (NPP) consisting of four 1,200-MWt units could be built in Egypt in line with an agreement signed on Tuesday between Russia's state atomic energy corporation Rosatom and the Egyptian Energy Ministry.
"An agreement in principle has been reached. Moreover, this is no longer a merely oral agreement. An understanding was signed today on the project's development. The matter implies the construction of an NPP consisting of four 1,200-MWt units in keeping with Russian technology," Rosatom chief Sergei Kiriyenko said in briefing journalists about details of the document in Cairo on Tuesday.
The construction site should be located on the Mediterranean coast in northern Egypt, Kiriyenko said.
The parties have yet to coordinate the project's technical and commercial parameters, he said.
The drafting of an intergovernmental agreement on building an NPP in Egypt could take three months, he said.
Rosatom and the Egyptian Electricity and Renewable Energy Ministry signed an understanding on the development of an NPP construction project on Egyptian territory as part of Russian President Vladimir Putin's visit to Cairo on Tuesday.