Русский
The Russian State Duma has ratified amendments to four Russian-Bangladesh intergovernmental loan agreements related to the construction of a nuclear power plant in Bangladesh.
Russian Deputy Finance Minister Vladimir Kolychev stated that “The amendments were agreed and signed to overcome difficulties with settlements in unfriendly currencies for government loans previously provided to Bangladesh. The protocols approved a new mechanism for settlements, resolved issues with overdue debt and its repayment linked to the waiver of penalties, and extended the loan’s availability until 2027. We managed to secure the equivalent of US$459 million in revenue from the federal budget.”
Svetlana Zhurova, first deputy head of the International Affairs Committee, said the proposed amendments concerned the terms of a Russian state export loan to finance the construction of the Rooppur Nuclear Power Plant, which will be the largest Russian nuclear energy facility built in South Asia.
Rosatom is building the Rooppur NPP, the first in Bangladesh, which will have two 1,200-MW VVER reactors. Russia and Bangladesh signed an intergovernmental agreement in 2016 on an export loan of up to US$11.38 billion to build the plant. The loan covers up to 90% of the project’s total cost of US$12.6 billion.
