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Bangladesh and Russia has signed a memorandum of understanding (MOU) on Wednesday to install a nuclear power plant. Government has termed it as a significant progress to resolve power crisis.

MOU was signed in Dhaka, the capital city of Bangladesh, by the chairman of Bangladesh Atomic Energy Commission and deputy director general, Russian State Atomic Energy Commission. It’s aim is peaceful utilisation of nuclear energy and this is the first step towards the installation. Visiting Russian experts has told that when the deal would be finalised, they’ll not take too much time to install it.

State minister for science of Bangladesh Government Yafes Osman and prime minister's energy affairs adviser Toufique-e-Elahi Chowdhury were present there. State minister for science Yafes Osman hopes, under the deal, 600 to 1000 Megawatt power would be generate. Prime minister's energy affairs adviser Toufique-e-Elahi Chowdhury has informed journalists that a delegation from Bangladesh will visit Russia soon for this purpose. A high-powered delegation of Russia, arrived in Dhaka on Tuesday to sign the deal.

Ministry officials said that Prime minister Sheikh Hasina provisionally approved the draft MoU last week. They said the capacity of the power plant would be finalised in the final deal. It will taka four to five years to build the power plant and will cost 1.5 to 2 Billion us dollars. Bangladesh government is planning to set up two plants, each with 1000 megawatt capacity.

The first initiative to install nuclear power plant in Bangladesh in Rooppur, Pabna was taken in 1961. China and South Korea also approached to set up nuclear power plant in Bangladesh.

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