BANGLADESH’S FIRST NUCLEAR PROJECT ‘ENSURES’ WAR CHEST
August 1st, 2016
BANGLADESH has secured a strategic financial reserve to build its first nuclear power plant after Russia lent the south Asian country USD11.38 billion to push ahead with the project. But experts have warned Fuel Cycle Week that progress on the project could be “long and winding” and, unsurprisingly, “expensive”.
The two country’s governments signed a landmark agreement on July 26 in Moscow to bankroll the Rooppur Nuclear Power Plant project in Pabna, around 100 miles northwest of Dhaka, the capital.
Under the deal Bangladesh will fund upfront just ...
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