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Rooppur nuclear power plant: Cost may rise for multiple factors

Daily Star Rejaul Karim Byron, Tue Oct 25, 2022 ,

Rooppur Nuclear Power Plant Project may see a cost rise due to slow progress in power grid upgrade, possible changes in the loan repayment method amid the Russia-Ukraine war and the devaluation of the taka.

The Tk 113,092-crore plant has two units with a power generation capacity of 1,200 megawatts each. Of the amount, Tk 91,040 crore ($11.38 billion) will be provided by Russia as loan, according to an agreement.

Project officials said the first unit will be ready for commercial operation in December 2023 and the second one in July 2024.

The plant, however, may face delay in going into commercial operation as the Infrastructure Development for Power Evacuation Facility, scheduled to be completed by December next year, has seen only 27 percent financial progress and 45 percent physical progress in nearly five years till September this year.

Talking to reporters at the plant site recently, Shawkat Akbar, project director of Rooppur Nuclear Power Plant, said they would not be able run the plant until the power grid upgrade is done under the infrastructure development facility.

“Once we use nuclear fuel in the plant, we can’t stop production,” he pointed out.

Work of the infrastructure development facility under the Power Grid Company of Bangladesh (PGCB) began in April 2018 at a cost of Tk 10,981 crore with Tk 8,219 crore funding from the Indian Line of Credit…………………………………………………….. more https://www.thedailystar.net/news/bangladesh/news/rooppur-nuclear-power-plant-cost-may-rise-multiple-factors-3151171

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October 24, 2022 - Posted by | ASIA, business and costs

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