N-fuel supply deal with Russia Aug 6

Bangladesh will sign a nuclear fuel supply agreement with Russia for Rooppur Nuclear Power Plant (RNPP) project on August 6.
"Bangladesh Atomic Energy Commission (BAEC) and a delegation from Russian state-owned firm TVEL Joint Stock Company will sign the deal on August 6 in Dhaka," Science and Technology Minister Yafes Osman told the Daily Observer on Wednesday.
According to sources at the Ministry of Science and Technology, the Law Ministry      approved the "agreement" proposal and the Cabinet Committee on Public Purchase gave its nod.
Science and Technology Secretary Anwar Hossain said, "Firstly, we will develop a frame work under which we will import the fuel and obviously the international market will determine the tariff of the nuclear fuel".
"We need the fuel from 2027, so we don't need to discuss the tariff right now, but we can say that it will follow the international formula to procure nuclear fuel," he added.
As per the proposal, Russian state-owned firm TVEL Joint Stock Company will supply the fuel for the "entire lifetime" of the 2,400MW RNPP.
In the purchase committee meeting, it was said that the price of one kilogram of uranium, which is used as nuclear fuel, is $550. The cost of fuel will be reviewed and reset after every 10 years of supply. The plant's operational lifetime is estimated to be 50 years.
In August 30, 2017, Bangladesh signed the 'spent fuel sent back' deal with Russian Federation for management of the nuclear waste of Rooppur Nuclear Power Plant (RNPP).
In January 31, 2019, Bangladesh signed a 'nuclear fuel support contract deal' with Russia to ensure fuel supply for the Rooppur Nuclear Power Plant (RNPP). According to the deal, Russia will be supplying Uranium as fuel for the whole lifetime of RNPP.
However, the signed deal has only ensured the supply of nuclear fuel from Russia; the price of the fuel and other related matters will be finalized in other commercial deals.
The plant will have two units, each having 1200MW power generation capacity.
According to the inter-governmental agreement (IGA) signed with the Russian Federation in November 2011, Bangladesh will have to purchase nuclear fuel from the Russian company for the entire lifetime of the power plant.
Each unit of the power plant will have to reload one-thirds of the total required nuclear fuel in every 18 months and the first, second and third reload will be provided by the Russian firm for free.
Bangladesh government has engaged Russian nuclear energy firm Rosatom as contractor for the RNPP project at a cost of $12.65 billion. Besides Rosatom has already been paid $550 million for a feasibility study and design purpose of the project.