News Karnataka
Sunday, January 29 2023
Business

Bangladesh approves $12.65 billion n-plant

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Dhaka: Bangladesh’s cabinet committee on purchase on Wednesday approved a proposal to establish a 2,400-MW nuclear power project at a cost of $12.65 billion.

The proposal was approved at a meeting of the country’s cabinet committee on purchase with Finance Minister A.M.A. Muhith in the chair in the capital Dhaka here on Wednesday, Xinhua reported.

Prime Minister Sheikh Hasina’s ruling Bangladesh Awami League party said “Rooppur Nuclear Power Plant” to be constructed in the country’s Pabna district, 216 km west of, was part of the government’s vision to produce 20,000 MW of power by 2021.

The Bangladesh government on December 15 reportedly finalised the biggest ever investment project in the country by inking an initial agreement with Russia.

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