Tuesday, 17 September, 2019, 2:15 AM
Home Business

Nuclear fuel supply deal for Rooppur Power Plant signed

Published : Tuesday, 6 August, 2019 at 6:19 PM  Count : 256
Observer Online Report

Nuclear fuel supply deal for Rooppur Power Plant signed

Nuclear fuel supply deal for Rooppur Power Plant signed


Bangladesh has signed an agreement with Russia to supply nuclear fuel (uranium) for Rooppur Nuclear Power Plant in Pabna.

Bangladesh Atomic Energy Commission (BAEC) and Russia's state-owned nuclear fuel firm TVEL Joint Stock Company inked the deal at Pan Pacific Sonargaon Hotel in Dhaka on Tuesday.

Under the agreement, TVEL obtained life time contract of supplying fuel to the power plant.

Russian Ambassador Alexander I Ignatov, Bangladesh's Science and Technology Minister Yafesh Osman, Prime Minister's Office SDG affairs principal coordinator Abul Kalam Azad, BAEC chairman Mahabubul Haque, among others, were present at the signing ceremony.

UNB adds: Addressing the signing ceremony, Science and Technology Minister Yeafesh Osman urged reporters not to report anything that may harm the project. “Please don’t write any report that may harm the RNPP project and destroy the country’s image,” he said.

According to the Inter-governmental Agreement (IGA) signed with the Moscow in November 2011, Dhaka is required to procure nuclear fuel from the Russian company for the entire life span of the power plant.

Each unit of the power plant will have to reload one-third of the total required nuclear fuel after every 18 months and the first, second and third reloads will be provided by the Russian firm free of cost.

Each reloading of nuclear fuel will cost $62 million, equivalent to Tk 500.24 crore.

The Bangladesh government has engaged Russian nuclear energy firm Rosatom as contractor of the RNPP project at a cost of $12.65 billion.

Besides, officials said, Rosatom has been paid $550 million for a feasibility study and the project design.

Initially, it was projected by the contractor that the first unit of the RNPP will come into operation by 2022, while the second unit by 2024. But now the BAEC officials say the first unit will start operation in February 2023.

SU/LY



 

Related Topics

Rooppur Power Plant   Fuel supply deal  




« PreviousNext »



Latest News
Most Read News
Editor : Iqbal Sobhan Chowdhury
Published by the Editor on behalf of the Observer Ltd. from Globe Printers, 24/A, New Eskaton Road, Ramna, Dhaka.
Editorial, News and Commercial Offices : Aziz Bhaban (2nd floor), 93, Motijheel C/A, Dhaka-1000. Phone :9586651-58. Online: 9513959, Advertisement: 9513663
E-mail: info@dailyobserverbd.com, online@dailyobserverbd.com, news@dailyobserverbd.com, advertisement@dailyobserverbd.com,   [ABOUT US]     [CONTACT US]   [AD RATE]   Developed & Maintenance by i2soft