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Corporates will be encouraged to enter stock market, says finance advisor

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Interim govt will take initiatives to bring in different corporate companies, family-owned businesses and public and private corporates, Salehuddin Ahmed says
The article from bdnews24.com discusses the ongoing issues with the Rooppur Nuclear Power Plant (RNPP) in Bangladesh, highlighting delays and cost overruns. Initially, the project, which is being built with Russian assistance, was expected to start operations by 2023, but it has faced numerous setbacks. The cost has escalated from an initial estimate of $2.4 billion to over $12.65 billion. The delays are attributed to several factors including the global health crisis, geopolitical tensions, and technical challenges. The article mentions that the first unit of the plant is now expected to be operational by 2024, with the second unit following in 2025. There are also concerns about the financial implications for Bangladesh, as the country is taking on significant debt to fund the project, with repayment terms that could strain its economy. Additionally, there are environmental and safety concerns associated with nuclear power, although the government and Rosatom, the Russian contractor, assert that all safety measures are being adhered to.

Read the Full bdnews24 Article at:
[ https://bdnews24.com/business/30a1e892e584 ]