Govt to get commitment service fees waiver from Russia for NPP
Bangladesh will seek waiver in commitment service fees on Russian loans taken for implementing country’s maiden nuclear vitality plant project at Rooppur, official options said.
The federal government will seek the waiver according to the undisbursed amount of the credit under Force Majure amid COVID-19.
The Economic Relations Division (ERD) can make a proposal prior to the Russian counterpart in this regard, sources said.
The finance ministry of the Russian Federation has allocated $1600 million in today's year with the health of 0.5 % of commitment fees according to the IGCA credit cope with Bangladesh for implementing the power project.
Bangladesh has up to now spent $454.04 million out of your fund disbursed for the task in 2020.
The building blocks stone of the Tk 1130.92 billion fast-track electric power plant was laid in October 2013 and construction started on 1,062 acres of property in November 2017 after singing inter-governmental credit arrangement (IGCA) in July 2016.
ERD may look for rescheduling of the credit allocated for the current yr to the Russian financing ministry seeing as COVID-19 crisis slowed up the improvement of the project in today's year, sources said.
Relating to sources, Nuclear Electricity Plant Service Bangladesh Limited is implementing 74 installations and infrastructures including reactor building, reactor auxiliary properties, turbine buildings, usual and power buildings for product-1 and unit-2 for establishing the Rooppur nuclear power job.
The contractor has so far completed over 34.43 meters of the interior containment structure, over 8.35 meters of the outer wall, over 11.3 meters of reactor cavity wall and above 3.55 meters of adjacent structure wall for unit-1 of the power plant.
Besides, reactor auxiliary building construction work also progressed over 4.75 meters.
The construction work of the unit-2 is also progressing.
Rooppur Nuclear Electric power Plant will consist of two power units built with several VVER reactors, the life cycle which is 60 years with an option to increase the service lifestyle for another twenty years. The power capability of each unit will be 1200 MW.
A third-generation technology has been used to create the plant with a five-layer security program. With the initially nuclear vitality plant at Rooppur, Bangladesh will become the third Asian region -- after India and Pakistan -- to harness the power of atoms.
In 2017, Primary Minister Sheikh Hasina inaugurated the construction of the main concrete structure for the nuclear furnace, with the construction beginning in July of the following year.
