Russia is to extend a $11.4bn loan to Bangladesh to spend on the Rooppur nuclear power plant. A draft agreement between the two states was published on the government’s website, according to the Tass news agency. The loan will be drawn down between March 2017 and 2024, and repaid over 20 years. The 2.4GW Rooppur nuclear plant, which was first proposed 56 years ago, will be Bangladesh’s first. It will have two VVER-1200 pressurised water reactors, the latest iteration of one of Rosatom’s main export designs.
Global Construction Review 17th Jan 2017 read more »