The government is likely to curtail 62% of the budget for the execution of the first phase of the country’s first nuclear power plant at Rooppur in the revised budget of the current fiscal year. Because of Russian are not satisfied with the progress of the work.
A official of Science and Technology ministry said, “We have completed the revised budget of the Rooppur power plant and the amount stands at Tk472 crore. He said the Finance Division had finalised the cut in the upcoming revised budget, although the new government had marked Rooppur power plant as a fast-track project.
Sources said the science ministry wanted the budget cuts because the Russian government was unwilling to give that amount this year, citing slow progress of the project. Only a few buildings have been constructed near the power plant despite the ministry’s efforts to hasten construction.
According to the revised budget, the total amount of has dropped by Tk776 crore from the previous total of Tk1,246.00 crore, now standing at only at Tk472 crore.
The Russian counterpart has decided to allocate funds amounting to only Tk134 crore, a cut of almost Tk866 crore from the previous total of Tk1000 crore. The government resources will increase to Tk336 crore in the revised budget, above the existing amount of Tk246 crore.
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