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NPP project in Bangladesh to bring Russian budget up to $8.4 bln in taxes

July 13, 4:07 UTC+3 MOSCOW
It was reported earlier that two generator units of NPP Ruppur with a capacity of 1,200 MW under construction with the participation of Russia are expected to be put into operation in 2022 and 2023
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MOSCOW, July 13. /TASS/. Construction and operation of the nuclear power plant in Bangladesh will bring the Russian budget additional tax revenues of up to $8.4 bln, according to the Russian Government that will review signing agreement between the two countries for giving Bangladesh national export loan to finance construction of the nuclear power plant.

"According to the state corporation Rosatom, construction of the NPP will have the following positive socio-economic consequences for Russia: increasing high-tech Russian exports volume, ensuring the long-term load of more than 100 Russian industrial enterprises, involving more than 12,000 Russian experts in the work on the project, creating new jobs, providing tax revenues for the Russian budget in the amount of up to $8.4 bln until the end of the NPP operation," the government press service said.

It was reported earlier that two generator units of NPP Ruppur with a capacity of 1,200 MW under construction with the participation of Russia in Bangladesh are expected to be put into operation in 2022 and 2023, respectively.

In December Russia’s state-owned nuclear energy company Rosatom signed a general contract for construction of a nuclear power plant in Bangladesh.

The document was signed during the working visit of Rosatom head Sergey Kirienko to Dhaka, the capital of Bangladesh.

Contracting on construction of the Ruppur nuclear power plant is carried out in accordance with the terms of the Intergovernmental Russian-Bangladesh agreement on cooperation signed in in 2011.

Under that agreement, Rosatom is to design, to build and to commission on a turnkey basis two units of the nuclear power plant with VVER reactors of 1,200 MW. The Russian corporation will also build the necessary infrastructure

The NPP will be built 160 km from the capital of Bangladesh, Dhaka, on the east bank of the Ganges River.

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