Nuclear power in Bangladesh

Page 110

a detailed discussion of the pros and cons of BOOT and Turnkey process was held considering the present progress of Rooppur Nuclear Power Plant Project. Under the auspices of the Russian Federation Government, there is provision to implement the Rooppur Nuclear Power Project through the establishment of a joint venture company under

the

BOOT

operator.

If

this

project

is

implemented

under this process, the Government of Bangladesh will not have direct responsibilities on the process of implementation as well as funding of the project. Moreover, the involvement of the local experts for the different phases of the project implementation and operation of the plant is not mandatory. Depending on the consideration that the overall risks rendered on the BOOT operators in case of the implementation and operation of the project, the cost of the electricity generated from Rooppur Nuclear Power Plant will be relatively high. On the other hand, because of the supply of the electricity in an affordable price mostly depends on the BOOT operator, there will be uncertainty in the energy security of the country in long term future. In addition, the provision in the human resource development for the nuclear technology including technology acquirement will be narrower and hence there will be perplexity on the handover of the plant to Bangladesh. Moreover, if initiatives are taken to implement the Rooppur Nuclear Power Project in cooperation of Russian Federation following BOOT process, there will be necessity to change, re-correct the conditions of the signed Inter-Governmental Agreement between two countries. As a result, bilateral discussions will be needed between the two governments in order to re-construct the already completed agreement following BOOT process and it will be completed in a long process. By the approval of both governments on the corrected agreement following BOOT process, it will be signed again. In this case, there can be procrastination in the implementation of the project. On the other hand, Rooppur Nuclear Power Plant Project can be implemented under the ownership of Bangladesh Government following Turnkey process in cooperation with Russian Federation depending on the signed IGA with Russi an Federation. In this case, Bangladesh has to take responsibilities of collecting funds including all management systems of the implementation of the project. Still, the maximum probable risks can be rendered on the supplier country in the phase of design, construction and commission of the nuclear plant through completing a proper Turnkey Contract with the supplier country. Considering the nuclear infrastructure, the Rooppur Nuclear Power Project can be implemented through completing a Turnkey Contract with 85


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Nuclear power in Bangladesh by John A. Shanahan - Issuu