The establishment of the fourth and final unit of the El-Dabaa nuclear power station, with a producing capacity equal to 1200 megawatts, was approved by Egypt's nuclear regulatory authority on Wednesday.

After a thorough examination from July 30 to August 2, the Egyptian Nuclear and Radiological Regulatory Authority (ENRRA) announced that the building process had been approved.

The fourth unit's safety was confirmed based on the assessment, evaluation, and inspection results, and no dangers posing a harm to people, the environment, or property were established, according to the statement.

Egypt started building the El-Dabaa nuclear power plant in July 2022. It is the nation's first nuclear power plant and is situated 300 km northwest of Cairo in the Mediterranean province of Matrouh.

The initiative is based on an agreement between Egypt and Russia that became effective in December 2017 and calls for the construction of 4 reactor units with a combined capacity of 1,200 megawatts at a cost of $28.75 billion.

85% of the budget, or $25 billion, is funded by a loan from Russia with a 22-year repayment period. The remaining 15% is paid via installments from Egypt.