Current:Home > InvestBangladesh gets first uranium shipment from Russia for its Moscow-built nuclear power plant -Quantum Capital Pro
Bangladesh gets first uranium shipment from Russia for its Moscow-built nuclear power plant
View
Date:2025-04-12 23:36:35
DHAKA, Bangladesh (AP) — Bangladesh on Thursday received the first uranium shipment from Russia to fuel the country’s only nuclear power plant, still under construction by Moscow. Once finished, the plant is expected to boost Bangladesh’s national grid and help the South Asian nation’s growing economy.
The Rooppur power plant will produce 2,400 megawatts of electricity — powering about 15 million households — when the twin-unit facility goes fully online. The plant is being constructed by Rosatom, Russia’s state nuclear energy corporation. Moscow has funded the construction with a $11.38 billion loan, to be repaid over two decades, starting from 2027.
Once Rooppur starts production, Bangladesh will join more than 30 countries that run nuclear power reactors.
The uranium, which arrived in Bangladesh late last month, was handed over to the authorities at a ceremony in Ishwardi, where the plant is located, in the northern district of Pabna on Thursday. Bangladesh’s Prime Minister Sheikh Hasina and Russian President Vladimir Putin joined the ceremony — both by video link.
Aleksey Likhachev, head of Rosatom, handed over the fuel at the function to Bangladesh’s Science and Technology Minister Yeafesh Osman, according to the United News of Bangladesh news agency. The report provided no other details on the amount of uranium that was shipped.
Rafael Mariano Grossi, head of the U.N. nuclear watchdog — the International Atomic Energy Agency — also joined by video conference, the report said.
Osman was cited as saying the first unit at Rooppur will become operational in July 2024 and the second in July 2025. The fuel is expected to allow the reactor to operate for one year, after which more fuel will have to be loaded.
The uranium was produced at the Novosibirsk Chemical Concentrates Plant in Russia, a subsidiary of Rosatom’s fuel manufacturing company Tevel.
Bangladesh and Russia have traditionally maintained good relations, which haven’t changed in the wake of Russia’s invasion of Ukraine last year. Dhaka has signed several contracts with Moscow on cooperation in the nuclear power industry, trade and finances, and in other sectors.
Bangladesh has planned to rely less on natural gas, which now accounts for about half of power production in the country. It is also setting up coal-fired power plants while it has a long-term plan to source 40% of the nation’s electricity from renewable sources such as solar, wind and hydroelectric power by 2041.
veryGood! (18241)
Related
- Can Bill Belichick turn North Carolina into a winner? At 72, he's chasing one last high
- GM recalls nearly 900 vehicles with Takata air bag inflators, blames manufacturing problem
- State takeover of Nashville airport board to remain in place as lawsuit proceeds, judges rule
- In her next book ‘Prequel,’ Rachel Maddow will explore a WWII-era plot to overthrow US government
- Former Syrian official arrested in California who oversaw prison charged with torture
- Angus Cloud's 'Euphoria' brother Javon Walton, aka Ashtray, mourns actor: 'Forever family'
- Niger will face sanctions as democracy falls apart, adding to woes for more than 25 million people
- 'Home Improvement' star Zachery Ty Bryan arrested for domestic violence (again)
- All That You Wanted to Know About She’s All That
- Notre Dame cathedral reconstruction project takes a big leap forward
Ranking
- Sonya Massey's father decries possible release of former deputy charged with her death
- Does Texas A&M’s botched hire spell doom for classroom diversity? Some say yes
- Chipotle is giving away free guacamole Monday. Here's how to get some.
- Real Housewives' Cynthia Bailey Shares Advice for Kyle Richards Amid Marriage Troubles
- Newly elected West Virginia lawmaker arrested and accused of making terroristic threats
- Euphoria's Javon Walton, Chloe Bailey and More Stars Honor Angus Cloud After His Death
- Broncos wide receiver Tim Patrick believed to have suffered torn Achilles, per report
- Gilgo Beach murder suspect Rex Heuermann faces pretrial hearing today
Recommendation
Toyota to invest $922 million to build a new paint facility at its Kentucky complex
Judge denies motion to dismiss charges against 'Rust' armorer Hannah Gutierrez
Russia accuses Ukraine of a drone attack on Moscow that hit the same building just days ago
Western Michigan man gets life for striking woman with pickup, leaving body in woods
Retirement planning: 3 crucial moves everyone should make before 2025
Here’s What Sofía Vergara Requested in Response to Joe Manganiello’s Divorce Filing
Paul Reubens, actor best known for playing Pee-wee Herman, dies at age 70
Lab-grown chicken coming to restaurant tables and, eventually, stores