India extends credit line to Bangladesh to join civil nuclear programme

India has extended a credit line to Bangladesh with a provision that spend $1 billion on power transmission facilities for its nuclear power plant.
By Staff reporter 5 October 2017 0 27860

India has extended a $4.5 billion credit line to Bangladesh with a provision that it spend at least $1 billion on developing the power transmission facilities for the country’s first nuclear power plant, according to The Daily Star.

This is the largest credit line India has supplied to any country and enables it to become party to the civil nuclear programme being established in Bangladesh by Russia.

Russia is providing a credit line of $12 billion for the project.

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