Major Geopolitical Development: Bangladesh Inaugurates First Nuclear Power Plant

 

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Bangladesh has inaugurated its first nuclear power plant. The Russian built facility to be planted in Western Bangladesh was hailed as a major step forward by Prime Minister Sheikh Hasina and Russia President Vladmir Putin.

Chantry, reported Al-Jazeera from Dhaka that the inauguration brought itself with controversy. According to him, “Bangladesh inaugurates its first nuclear power plant in a virtual ceremony attended by both the leaders of Russia and Bangladesh. Putin praised 50 years of relations between the two countries”.

Vladmir Putin has said, “Bangladesh is our tested ally and partner. Our relationship is built with the mutual respect, equality and benefits.”

Chantry stated that, project comes with many challenges as Bangladesh has been struggling to cope with inflation, power-cuts and rising energy issues. Because they are boring more than $4 billion from the International Monetary Fund (IMF) while the Fund officials are raising questions about its foreign currency reserves, its loans and high inflation.

He further stated that nuclear power is taken by some corners as a potential way-out. More than $12 Billion projects come with geopolitical toll as well as financial challenge but this is a flagship project. European sanctions are also barring due to embargoes on Russia.

Bangladesh is reported to have used Chinese Yuan for this purpose. According to native expert, geopolitical toll here is essentially currency and payment to Russian sources. So, alternate currency will also be a major geopolitical game play for the government in due course of time. Therefore, the government has to be very careful

According to another source, Tanvir Chaudhary, first consignment of Uranium arrived in Dhaka by special Russian air cargo plane. The same day it was moved carefully to the site of nuclear power plant located at 200 km West of Dhaka by road under heavy security.

High cost of the plant, delayed construction and especially public safety are major concern that has grown among the public in Bangladesh.

(Courtesy: Al-Jazeera Live)