MOSCOW, January 13. /TASS/. Russia’s government has extended a $11.38 billion loan to Bangladesh to build the Rooppur nuclear power plant. The relevant document was published on the government’s website containing legal information.
According to the draft inter-governmental agreement, the loan will be used from 2017 to 2024. Bangladesh will repay the actually spent loan in equal six-month installments over a twenty year period. The first installment will be paid out on March 15, 2017.
Two units of the Rooppur nuclear power plant, with a capacity of 1,200 MW each, which are being built with Russia’s assistance, are planned to be put into operation in 2022 and 2023.
In mid-December 2015, Russia’s Rosatom State Atomic Energy Corporation signed an EPC contract for a nuclear power plant in Bangladesh.
The construction work is being done in accordance with the inter-governmental agreement on cooperation in building a nuclear power plant in Bangladesh, dated 2011. The nuclear power plant will be located on the eastern bank of the Ganges River, 160 kilometers from the country’s capital of Dhaka.