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Established in 2006 as a Community of Reality

Welcome to the Neno's Place!

Neno's Place Established in 2006 as a Community of Reality


Neno

I can be reached by phone or text 8am-7pm cst 972-768-9772 or, once joining the board I can be reached by a (PM) Private Message.

Established in 2006 as a Community of Reality

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Established in 2006 as a Community of Reality

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    Bangladesh signs $12.65 billion deal with Russia for nuclear power plants

    Lobo
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    Bangladesh signs $12.65 billion deal with Russia for nuclear power plants Empty Bangladesh signs $12.65 billion deal with Russia for nuclear power plants

    Post by Lobo Fri 25 Dec 2015, 2:43 pm

    Bangladesh signs $12.65 billion deal with Russia for nuclear power plants

    Serajul Quadir, Reuters

    Bangladesh's state-run Atomic Energy Commission signed a deal with Russia on Friday to set up two nuclear power plants, each with 1,200 megawatt capacity, an investment totaling $12.65 billion, a government official said.

    Work will begin early next year at Ruppur in Iswardi, 160 km (100 miles) from Dhaka, said Kamrul Islam Bhyian, spokesman for the ministry of science and technology.

    "Russia will finance up to 90 percent of the total cost as credit with an interest rate of Libor plus 1.75 percent," Bhyian told Reuters.

    Bangladesh will clear the total loan within 28 years with a 10-year grace period.

    Bangladesh finance minister Abul Maal Abdul Muhith said it would be the country's biggest power project.

    The first power plant is expected to begin operating by 2022 and the second by 2023.

    The official said the plant would use a new generation reactor that has a lifespan of 60 years with an option of extending it for 20 years.

    The reactor contains improved safety features, and its passive safety system can work for 72 hours in any critical or emergency situation, it said.

    Rosatom will maintain the plant for the first year of its commercial operation before handing over to the Bangladesh authorities, and will bear fuel costs for the first year of operation.

    http://www.businessinsider.com/r-bangladesh-signs-1265-billion-deal-with-russia-for-nuclear-power-plants-2015-12

      Current date/time is Thu 28 Mar 2024, 9:44 am