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It's not Without Reason that Russia is Building a Nuclear Power Plant in Bangladesh, it's Quite Good… - Multymeter

It’s not Without Reason that Russia is Building a Nuclear Power Plant in Bangladesh, it’s Quite Good…

Multymeter.com-Technology: Russia is building two nuclear power plants (NPPs) in Bangladesh. This NPP is located in Rooppur, a town in the Pabna district of Bangladesh, about 160 kilometres from the capital, Dhaka. The NPP was built by the Russian state-owned nuclear company Rosatom, with funding of $12.65 billion, 90 per cent of which was financed by Russian loans.

The first nuclear power plant is scheduled to be commissioned by the end of 2023, with the second to be completed a year later. The nuclear power plant will have a total capacity of 2,400 megawatts, which will cover approximately 10 per cent of Bangladesh’s electricity needs.

The construction of this nuclear power plant is part of Bangladesh’s efforts to overcome the country’s electricity shortage. Bangladesh currently has high economic growth, which has led to an increasing demand for electricity.

The construction of this nuclear power plant is also part of the bilateral cooperation between Bangladesh and Russia. This collaboration is expected to improve relations between the two countries in various fields.

Details of nuclear power plant projects in Bangladesh are given below:

  • Location: Rooppur, Bangladesh
  • Capacity: 2,400 megawatts
  • Technology provider: Rosatom (Russia)
  • Financing: US$12.65 billion, 90% from Russia
  • Timetable: The first nuclear power plant will start operating at the end of 2023, the second nuclear power plant will be completed a year later.
    In addition to Bangladesh, Russia is also building nuclear power plants in other countries, including Turkey, China and Iran.

Reasons why Russia is building a nuclear power plant in Bangladesh

Russia is building a nuclear power plant in Bangladesh for several reasons, including:

  • To overcome the electricity shortage in Bangladesh. Bangladesh currently has high economic growth, which has led to an increasing demand for electricity. This nuclear power plant is expected to provide a reliable and sustainable source of electricity to support Bangladesh’s economic growth.
  • Enhancing bilateral relations between Bangladesh and Russia. This collaboration is expected to improve relations between the two countries in various fields, including trade, investment and security.
    Expanding the export market for Russian nuclear technology. Russia is one of the world’s largest producers of nuclear technology. The construction of a nuclear power plant in Bangladesh is an opportunity to expand the export market for Russian nuclear technology.

A more detailed explanation of each of these reasons is given below:

  • To overcome the electricity shortage in Bangladesh
  • Bangladesh currently has high economic growth, which has led to an increasing demand for electricity. By 2023, Bangladesh is expected to have electricity needs of 22,000 megawatts. However, Bangladesh’s current electricity generation capacity is only about 17,000 megawatts.
  • The construction of a nuclear power plant in Bangladesh is expected to provide a reliable and sustainable source of electricity to support Bangladesh’s economic growth. The nuclear power plant will have a total capacity of 2,400 megawatts, which will cover approximately 10% of Bangladesh’s electricity needs.
  • Enhancing bilateral relations between Bangladesh and Russia
  • This cooperation in the construction of a nuclear power plant is part of efforts to improve bilateral relations between Bangladesh and Russia. This collaboration is expected to improve relations between the two countries in various fields, including trade, investment and security.
  • Expanding the Russian export market for nuclear technology.
  • Russia is one of the world’s largest producers of nuclear technology. The construction of a nuclear power plant in Bangladesh is an opportunity to expand the export market for Russian nuclear technology.

In addition to Bangladesh, Russia is also building nuclear power plants in other countries, including Turkey, China and Iran.***

Source:Bard Google

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