S Korea signs $2.25 billion deal with Russia nuclear company

SEOUL, South Korea (AP) — South Korea has signed a $2.25 billion deal with a Russian state-run nuclear energy company to provide components for Egypt’s first nuclear power plant. South Korea’s government said Thursday the contract between the state-run Korea Hydro and Nuclear Power and ASE requires South Koreans to provide turbine-related equipment and construction work for the plant being built in Dabaa, about 80 miles northwest of Cairo on the Mediterranean coast. ASE is a subsidiary of Rosatom, a state-owned Russian nuclear conglomerate.