ROOPPUR NUCLEAR POWER PLANT DESIGN
BAEC, Rosatom to ink $265m deal WednesdayStaff Correspondent
Bangladesh Atomic Energy Commission and Russian state-run Rosatom will sign a $265 million contract Wednesday for the engineering design of Rooppur Nuclear Power Plant.
Rosatom is Russian Federation’s Moscow based nuclear power authority.
The contract signing takes place a day after prime minister Sheikh Hasina inaugurates an information centre on the Rooppur power plant at Bangabandhu Novotheatre in the capital.
BAEC will run the information centre putting on display a model of Rooppur nuclear power plant.
Under a deal signed in January, Russia would provide to Bangladesh $500 million in supplier’s credit for feasibility studies, engineering design of the plant and pre-construction development of the project site, BAEC chairman ASM Firoz told New Age.
He called the engineering design deal as ‘the most significant’ contract under the $500 million credit line.
The credit line will also cover $46 million for the feasibility studies, and $189 million for pre-construction development costs.
Earlier, BAEC and Rosatom signed a $46m contract for feasibility studies of the two- unit 2,000MW Rooppur nuclear power plant.
BAEC would open a website posting all the information relating to the Rooppur plant as is mandatory under International Atomic Energy Agency stipulations, said Firoz replying to a question.
He said that BAEC and the ministry of science and technology would soon jointly develop the website.
Under an agreement signed on November 3, 2011, Russia would install the two-unit 2,000 megawatt nuclear power plant at Rooppur in Pabna.
The first 1,000MW unit is expected to go into production by 2018.
The second unit of the same capacity is due to go into production by 2020.
Under the agreement, Moscow will provide all the assistance for the construction of the plant, supply its fuel and would be responsible for the removal and management of spent fuel rods, formulation of legal and regulatory framework, infrastructure, human resources development and financing.
The Russian credit line would cover 85 per cent of the project cost and 15 per cent of it would be borne by Bangladesh government.
The estimated total cost of the plant would be between $1.5bn and $2bn.
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