The cabinet committee on economic affairs at a meeting on Wednesday approved a proposal to purchase uranium from Russian state-owned supplier TVEL Joint Stock Company on direct purchase.
The uranium to be used in the Rooppur Nuclear Power Plant will be supplied by the company as per an inter-governmental agreement between Bangladesh and Russia on construction of the power plant, said additional secretary of the cabinet division Nasima Begum at a briefing on the day.
Quoting proposal of science and technology ministry, she said price of per kilogram uranium in the international market was calculated at $550 until 2027.
With this projected price, three more steps like inflation and timing of order were considered to set the final price, she said, adding that the price would be reviewed in every 10 years.
The under construction Roopour Nuclear Power Plant with the technical and financial assistance of more than $12 billion from Russia is expected to be commissioned in 2023.
The meeting with finance minister Mustafa Kamal in the chair also approved proposals for limited tendering for selecting a Chinese contractor to construct the Dhaka-Sylhet highway and signing a deal with TGS-SCHLUMBERGER JV by energy and mineral resources division for a two dimensional survey in the Bay of Bengal.
According to Nasima Begum, it became imperative for the road transport and highways division to call for the limited tendering after it failed to materialise a framework agreement with China Harbour Engineering Company Limited in past two years.
It was reported that the government blacklisted China Harbour Engineering Company Limited on allegation of offering bribe to the ministry officials since January 2018.
Nasima Begum said procurement of 50,000 tonne wheat was approved in a meeting of the cabinet committee on national purchases, also chaired by the finance minister.
She said Singapore based Agro Corp International became winners of the supply bid with quoting $26798 per dollar and overall price of Tk 112.55crore.
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