Russia to provide 10200 to 12750 crore towards setup of Nuclear Plant in Bangladesh

August 13, 2012

Russia has agreed to provide as credit 85 percent of the estimated Tk 12,000-15,000 crore needed for setting up the first-ever nuclear power plant in Bangladesh. It will initially provide $500 million for conducting necessary studies and preparing the design for the 1,000 MW nuke plant.  This was agreed at a two-day meeting between Dhaka and Moscow on August 8-9 in the Russian capital, officials at the Science and Technology Ministry told a news agency yesterday.

Earlier agreement proposed that Bangladesh will fund all research work at the $1.5 billion site, with construction expected to be completed by 2018, according to Alexander Glukhov, Atomstroyexport president, the Russian foreign NPP construction agency, who was speaking to reporters during the ATOMEX Europe” nuclear industry forum on a previous ocassion.

The preliminary agreement on the Rooppur NPP, signed by Rosatom, and the Bangladeshi government in February, provides for design, construction and commissioning of two power blocks with  light water (VVER) reactors with an average capacity of 2.000 megawatts, as well as relevant infrastructure. The agreement stipulates that Russia will provide the fuel on a long term basis and take back the spent fuel.

Russia and Bangladesh also plan to jointly develop a legal base in the area of nuclear energy and personnel training.

Bangladesh is currently building the legislative, regulatory and technological infrastructure necessary for developing its own nuclear energy.

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