Bangladesh receives first uranium shipment from Russia for nuclear power plant
Bangladesh has received the first Russian shipment of uranium fuel for its first nuclear power plant, making it the 33rd country in the world to produce nuclear energy, Al Jazeera reported on Friday.
Bangladesh receives first uranium shipment from Russia for nuclear power plant
The Economics of Geography

Bangladesh receives first uranium shipment from Russia for nuclear power plant

Photo: AFP/Abdul Goni
Eurasia 07/10/2023 05:23

Bangladesh has received the first Russian shipment of uranium fuel for its first nuclear power plant, making it the 33rd country in the world to produce nuclear energy, Al Jazeera reported on Friday.

The South Asian country is building the first of two nuclear power plants in collaboration with Russian state-owned atomic company Rosatom. Ninety per cent of the $12.65bn project is financed through a Russian loan repayable within 28 years with a 10-year grace period, the news site added.

“Today is a day of pride and joy for the people of Bangladesh,” Prime Minister Sheikh Hasina said on Thursday during a video conference with Russian President Vladimir Putin that the Russian Embassy in Bangladesh called a “nuclear fuel delivery ceremony”.

Speaking with Hasina via a video link, Putin thanked the International Atomic Energy Agency (IAEA) for supervising the project, which resulted from a bilateral agreement in 2011.

Photo: AFP/Mikhail Metzel
IAEA head Rafael Grossi posted his congratulations on social media:

Last month, Sergei Lavrov, the first Russian foreign minister to visit Bangladesh since its 1971 independence, assured Bangladesh that Moscow was committed to completing the project on time, despite obstacles from Western sanctions over the war in Ukraine, Al Jazeera added.

Russia’s state news agency TASS reported that the design and construction of the nuclear power plants is being carried out by the engineering division of Rosatom, and the plant will have a life cycle of 60 years with the possibility of extending its operations by 20 more years. Approximately 1,500 of the 2,000 workers who will run the plant once it is operational will be trained in Russia.

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