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Rosatom, a Russian state corporation that specialises in nuclear energy, has signed a Memorandum of Understanding (MoU) with the Department of Atomic Energy of the government of India and the Ministry of Science and Technology of the government of Bangladesh regarding the development of the Rooppur nuclear power plant, to be located in the Pabna district of Bangladesh.
The plant will consist of two nuclear power units, each with a capacity of 1,200 MW. The units are scheduled to be commissioned in 2023 and 2024.
The project has been in development since November 2011, with construction beginning in November 2017. The general construction contractor is JSC Atomstroyexport, which belongs to the engineering division of Rosatom. The company is responsible for design, production and supply of equipment, construction, installation, start-up and commissioning, as well as preliminary work conducted at the construction site between 2015 and 2016.
This MoU sets a framework for the collaboration between the Russian contractor and experts from India and Bangladesh in the development of the project. Rosatom's statement details that the parties will co-operate in particular in training personnel, exchanging experience and supporting consulting.
Prior to this MoU, the project was being developed solely by Russia and Bangladesh. The agreement permits Indian companies to participate in construction and installation works and supplying certain materials and equipment.
Although India's potential participation in the project is limited. As the country is not a member of the Nuclear Suppliers Group (NSG), which controls global nuclear commerce, Indian companies cannot participate directly in the construction of nuclear power reactors.
The Asian Infrastructure Investment Bank’s (AIIB) has announced that its Board of Directors has approved a loan of up to US$60 million for the Bangladesh Bhola independent power project, which involves the development of a greenfield 220 MW combined cycle power plant in Bhola island in the Barisal district of Bangladesh.
Read moreIndonesia’s state-owned diversified energy company PT Pertamina and Bangladesh Power Development Board (BPDB) have signed a memorandum of understanding (MoU) to develop an integrated gas project, comprising of a combined cycle gas turbine (CCGT) power plant with installed capacity of 1400 MW and a floating, storage and regasification unit (FSRU). The estimated total investment is US$2 billion.
Read moreThe Asian Development Bank’s (ADB) Board of Directors has approved debt financing and partial risk guarantees totaling US$583 million to develop the Reliance Bangladesh Liquified Natural Gas (LNG) and Power Project.
Read moreSembcorp has announced it has reached financial close on the 414 MW Sirajganj greenfield gas-fired power project in Bangladesh.
Read moreThe private finance arm of World Bank, International Finance Corporation (IFC), has agreed to extend finance to build Bangladesh’s first LNG import terminal to Excelerate Energy Ltd.
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