Was it better to sign a contract for one reactor at the beginning instead of four reactors?

SEARCH IN PAGE

– Signing a contract for four reactors is economically beneficial. It decreases the construction, operation and maintenance costs, as the units share installations, utilities, management, operation and maintenance personnel. Also, the localization percentage increases with the increase of the number of reactors, which increases the experience that Egyptian companies gain in this respect. That is why we are keen through the execution contracts to increase local participation from 20% for the first unit to 35% for the fourth unit.