Russia clears $11.38 billion for nuclear power plant in Bangladesh

[bluesky]

Russia clears $11.38 billion for nuclear power plant in Bangladesh
News Desk, bdnews24.com

Published: 2016-07-19 16:21:26.0 BdST Updated: 2016-07-19 16:24:21.0 BdST

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Russia has approved the deal to provide Bangladesh a $11.38 billion loan for the Rooppur nuclear power plant.

RT News reported that the Russian government cleared the deal on Monday. Bangladesh government will finance the rest of the project, which will cost Tk 12.65 billion to build two plants of 1200 MW each. On Jun 27, the Bangladesh government gave its go-ahead for the loan deal.

The repayment period will be 30 years with a 10-year grace period. Bangladesh will have to start yearly repayments in March 2027, the cabinet secretary had said. The annual interest rate will be below 4 percent.

The government expects the first unit of the plant, having a 50-year lifespan, to be commissioned in 2021.

 

[cloud4000]

Bangladesh has advanced so much! I first visited Bangladesh as a child during the 1980s and the country wIas in a poor state of affairs: poverty, loadshedding, etc. Now its economy is doing well. It's a totally different place now.

 

[ashok321]

India paid 2.6 billion for the two 1000 MW reactors to Russia. Why BD paying way more? Steel prices are way down too.

 

[Nabil365]

India paid 2.6 billion for the two 1000 MW reactors to Russia. Why BD paying way more? Steel prices are way down too.

I think Bangladesh is using the latest model offered by Russia.Changes and adjustment has to be made.

 

[Tangent123]

Good going BD..
Best wishes from India.
A prosperous and peaceful BD is what India would love to see..

 

[Nevsky]

Lol, thats a massive deal.Congratz to both of us.

 

[arp2041]

Ms. Hasina has been the God's Gift to BD........

She has done wonders for her nation.......

May she rule BD till the last breath of her life!!

 

[neem456]

I think Bangladesh is using the latest model offered by Russia.Changes and adjustment has to be made.

Possible, but still 2.6 and 11.3 is big F difference.
If iphone5 costs 50k, we expect iphone6 to cost 65k , not 10 lac rs.

 

[[Bregs]]

thats very big deal, and most imp for cleaner form of energy

 

[arp2041]

Possible, but still 2.6 and 11.3 is big F difference.
If iphone5 costs 50k, we expect iphone6 to cost 65k , not 10 lac rs.

I think they are also counting the compensation to the people who will be removed in lakhs so that land can be provided for the reactor...........BD is one of the most massively populated regions.

 

[Delnavaz B]

thats very big deal, and most imp for cleaner form of energy

But way too risky country like Bangladesh with heavy floods could be a catastrophic event if nPlant struck by floods.

 

[jaunty]

Ms. Hasina has been the God's Gift to BD........

She has done wonders for her nation.......

May she rule BD till the last breath of her life!!

True. And a very strong lady too.. absolutely destroyed jamatis and war criminals. Hope she rules BD for a long time. She is 68, so she definitely has 2 more terms in her age wise, if not more.

 

[Nabil365]

But way too risky country like Bangladesh with heavy floods could be a catastrophic event if nPlant struck by floods.

That's why money is being spent as precautionary,preventing catastrophic results.

 

[[Bregs]]

But way too risky country like Bangladesh with heavy floods could be a catastrophic event if nPlant struck by floods.

location is going to be crucial for sure for this nuclear plant

 

[arp2041]

True. And a very strong lady too.. absolutely destroyed jamatis and war criminals. Hope she rules BD for a long time. She is 68, so she definitely has 2 more terms in her age wise, if not more.

Not to forget that after her, her children can rule BD............

BD should ban this Democrazy & should become a Monarchy under Queen Sheikh Hasina I.

I am sure that she will turn out to be Queen Victoria of BD!!!!