The Bangladesh government recently paid $15 million in local currency for the Rooppur Nuclear Power Plant project due to sanctions on Russian banks, which had stalled dollar payments for two and a half years. Atomstroyexport, the Russian contractor, agreed to accept taka payments to overcome funding hurdles, ensuring progress on the two 1,200MW units, with the first unit nearing completion. The project, 78.14% complete, is backed by a $12.65 billion contract, 90% funded by Russian loans. Trial production is expected by year-end, with full operation in 2023. Initially planned during Pakistan’s era, significant construction began post-independence, utilizing Russia’s advanced reactors. This financial adjustment underscores the project’s resilience amid global financial constraints, highlighting robust international cooperation in critical infrastructure development.
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