ET Report
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The government is likely to sign an agreement with Russia on installation of nuclear power plant at the end of current month when a Russian minister will reach Dhaka.
Prime Minister Sheikh Hasina provisionally approved a draft memorandum of understanding with Russia on installation of a nuclear power plant last week.
Bangladesh and Russia finalized the draft to sign an agreement after the three-day negotiations in April in Dhaka on installation of a nuclear power plant.
Ministry officials said the capacity of the power plant would be finalized in the final deal but the government decided to set up two plants, each with 1000MW capacity.
Russia did specify the financial terms which would be settled after the final agreement, sources said.
Russia was interested to provide loan, probably on easy terms, rather than grant. The Economic Relation Division will settle the terms and conditions.
Russia has supplied as many as 65 plants to Iran, India, China, Armenia, Ukraine, Hungary, Slovakia, Czech Republic, Finland, Bulgaria and Germany, including 10 in last year. It is constructing 11 power plants.
In the country, the first initiative to install nuclear power plant at Rooppur in Pabna was taken in 1961.
Filed under: Bangladesh
