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Friday, March 2, 2018

India, Russia, Bangladesh Sign Tripartite Pact for Civil Nuclear Cooperation

In a landmark development India for the first time signed a tripartite agreement with foreing partners -- Russia & Bangladesh -- for civil nuclear cooperation.

Nuclear Power Cooperation of India Limited (NPCIL) will play a key role in building a nuclear power plant on foreign soil with the proposed supply of equipment and material for the power station being built by Russia in Bangladesh. India is also extending support for capacity building and has been training Bangladeshi nuclear scientists for the project.

The agreement was signed in Moscow on Thursday by Deputy Director General of Rosatom (Russia's Alex civil nuclear body) Nikolay Spassky, Ambassador of Bangladesh in Russia S.M. Saiful Hoque and Indian Ambassador to Russia Pankaj Saran.

Rosatom is constructing nuclear power plant in Bangladesh on a turnkey contract basis. The scope of work includes design, production and supply of equipment, construction, installation, pre-commissioning and commissioning, according to Rosatom officials.

India, having experience in building its nuclear power stations and operating the Kudankulam Plant, built with Russian assistance, showed interest in participating in a Russian project in Bangladesh.

The Memorandum set a framework for the interaction of the Russian Contractor, Indian and Bangladeshi experts in the implementation of the project. The parties, in particular, will cooperate in the field of personnel training and mentoring, exchange of experience and provision of consulting support. Indian companies can be involved in construction and installation works, the supply of materials and equipment of a non-critical category in the interests of the project, officials told ET.

Source: Economic Times

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