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2018-03-04 11:00:00

RUSSIA - INDIA - BANGLADESH NUCLEAR

РОССИЯ - ИНДИЯ - БАНГЛАДЕШ: АЭС

ROSATOMMOSCOW, March 1, 2018 – ROSATOM, the Ministry of Science and Technology of the People's Republic of Bangladesh and the Department of Atomic Energy of the Government of the Republic of India signed a Memorandum of Understanding on cooperation in the implementation of the Rooppur NPP construction project in Bangladesh.

On the Russian side, the memorandum was signed by Deputy Director General for international relations of the State Corporation Rosatom Nikolay Spassky and on the Bangladesh and India side – the Ambassador of Bangladesh in the Russian Federation S. M. Saiful Hoque and the Ambassador of India in the Russian Federation Pankaj Saran respectively.

The Russian side is building a nuclear power plant in Bangladesh on a "turnkey" basis. The general construction contractor is JSC Atomstroyexport (part of the Engineering Division of ROSATOM). The scope of work includes design, production and supply of equipment, construction, installation, start-up and commissioning. The Memorandum set a framework for the interaction of the Russian Contractor, Indian and Bangladeshi experts in the implementation of works related to the project. The parties, in particular, will cooperate in the field of personnel training, exchange of experience and consulting support. Indian companies can be involved in construction and installation works, the supply of materials and equipment of a non-critical category in the interests of the project.

"Today was a landmark event for both of our countries – and the industry as a whole. We are confident that this is the first step toward the formation of a new, forward-looking cooperation agenda in the region, - says Nikolay Spassky, - ROSATOM is a global company and a world leader in the peaceful uses of nuclear energy. We are open to cooperation in the framework of our projects. The signing of the Memorandum is another illustration of our approach.

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Earlier:

 Nuclear
2018, January, 22, 08:20:00

RUSSIAN NUCLEAR POWER - 2017

WNA - Apart from adding capacity, utilisation of existing plants has improved markedly since 2000. In the 1990s capacity factors averaged around 60%, but they have steadily improved since and in 2010, 2011 and 2014 were above 81%. Balakovo was the best plant in 2011 with 92.5%, and again in 2014 with 85.1%.

 

 Nuclear
2018, January, 22, 08:15:00

INDIA'S NUCLEAR POWER - 2017

WNA - India has a flourishing and largely indigenous nuclear power programme and expects to have 14.6 GWe nuclear capacity on line by 2024 and 63 GWe by 2032. It aims to supply 25% of electricity from nuclear power by 2050.

 

 Nuclear
2018, January, 12, 12:55:00

RUSSIA'S NUCLEAR RECORD

ROSATOM - Russian NPPs exceeded the record of 2016 in the volume of generated electricity by increasing cumulative production by more than 6.5 billion kWh, up to 202.868 billion kWh (against 196.366 billion kWh in 2016).

 Nuclear
2017, December, 15, 12:55:00

NUCLEAR - 2050: 25%

WNN - According to the Foratom statement, World Nuclear Association Director General Agneta Rising said: "By 2050, nuclear energy must account for 25% of energy generation if we are to meet our climate targets. With nuclear making up 11% of generation in 2014, an extra 1000 GWe in nuclear capacity will need to be built by 2050. However, meeting this goal will not be easy."

 

 Nuclear
2017, November, 9, 13:50:00

EIA: NUCLEAR ENERGY WILL UP

EIA projects that global nuclear capacity will grow at an average annual rate of 1.6% from 2016 through 2040, led predominantly by countries outside of the Organization for Economic Cooperation and Development (OECD). EIA expects China to continue leading world nuclear growth, followed by India. This growth is expected to offset declines in nuclear capacity in the United States, Japan, and countries in Europe.

 

 Nuclear
2016, October, 21, 08:20:00

RUSSIAN - INDIAN NUCLEAR

ROSATOM - "Historically, India is one of our key foreign partners. Two power units of Russian design are already operating on the Kudankulam NPP site and two more are under construction. To increase the state corporation's market presence, it was decided to open a regional center in Mumbai. This will enable us to join forces with our Indian partners and enhance the performance of Russian nuclear enterprises operating in India," said Aleksey Pimenov, the Regional President of Rosatom South Asia.

 
Tags: RUSSIA, INDIA, BANGLADESH, NUCLEAR, POWER

Chronicle:

РОССИЯ - ИНДИЯ - БАНГЛАДЕШ: АЭС
2018, June, 18, 14:00:00

U.S. IS BETTER

IMF - Within the next few years, the U.S. economy is expected to enter its longest expansion in recorded history. The Tax Cuts and Jobs Act and the approved increase in spending are providing a significant boost to the economy. We forecast growth of close to 3 percent this year but falling from that level over the medium-term. In my discussions with Secretary Mnuchin he was clear that he regards our medium-term outlook as too pessimistic. Frankly, I hope he is right. That would be good for both the U.S. and the world economy.

РОССИЯ - ИНДИЯ - БАНГЛАДЕШ: АЭС
2018, June, 18, 13:55:00

U.S. ECONOMY UP

IMF - The near-term outlook for the U.S. economy is one of strong growth and job creation. Unemployment is already near levels not seen since the late 1960s and growth is set to accelerate, aided by a near-term fiscal stimulus, a welcome recovery of private investment, and supportive financial conditions. These positive outturns have supported, and been reinforced by, a favorable external environment with a broad-based pick up in global activity. Next year, the U.S. economy is expected to mark the longest expansion in its recorded history. The balance of evidence suggests that the U.S. economy is beyond full employment.

РОССИЯ - ИНДИЯ - БАНГЛАДЕШ: АЭС
2018, June, 18, 13:50:00

U.S. INDUSTRIAL PRODUCTION DOWN 0.1%

U.S. FRB - Industrial production edged down 0.1 percent in May after rising 0.9 percent in April. Manufacturing production fell 0.7 percent in May, largely because truck assemblies were disrupted by a major fire at a parts supplier. Excluding motor vehicles and parts, factory output moved down 0.2 percent. The index for mining rose 1.8 percent, its fourth consecutive month of growth; the output of utilities moved up 1.1 percent. At 107.3 percent of its 2012 average, total industrial production was 3.5 percent higher in May than it was a year earlier. Capacity utilization for the industrial sector decreased 0.2 percentage point in May to 77.9 percent, a rate that is 1.9 percentage points below its long-run (1972–2017) average.

РОССИЯ - ИНДИЯ - БАНГЛАДЕШ: АЭС
2018, June, 18, 13:45:00

SOUTH AFRICA: NO BENEFITS

IMF - South Africa’s potential is significant, yet growth over the past five years has not benefitted from the global recovery. The economy is globally positioned, sophisticated, and diversified, and several sectors—agribusiness, mining, manufacturing, and services—have capacity for expansion. Combined with strong institutions and a young workforce, opportunities are vast. However, several constraints have held growth back. Policy uncertainty and a regulatory environment not conducive to private investment have resulted in GDP growth rates that have not kept up with those of population growth, reducing income per capita, and hurting disproportionately the poor.

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