Current:Home > MarketsBangladesh gets first uranium shipment from Russia for its Moscow-built nuclear power plant -PrimeFinance
Bangladesh gets first uranium shipment from Russia for its Moscow-built nuclear power plant
View
Date:2025-04-18 22:00:40
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! (4114)
Related
- US wholesale inflation accelerated in November in sign that some price pressures remain elevated
- Pete Townshend on the return of Tommy to Broadway
- Man found guilty but mentally ill in Indiana officer’s killing gets time served in officer’s death
- 99 Cents Only Stores to close all 371 spots in 'extremely difficult decision,' CEO says
- Bodycam footage shows high
- Lawsuit naming Sean ‘Diddy’ Combs as co-defendant alleges his son sexually assaulted woman on yacht
- LGBTQ+ foster youths could expect different experiences as Tennessee and Colorado pass opposing laws
- Man shot by police spurs chase through 2 states after stealing cruiser
- Taylor Swift makes surprise visit to Kansas City children’s hospital
- Madonna asks judge to toss lawsuit over late concert start time: Fans got just what they paid for
Ranking
- Meta releases AI model to enhance Metaverse experience
- Lawsuit naming Sean ‘Diddy’ Combs as co-defendant alleges his son sexually assaulted woman on yacht
- Who plays Prince Andrew, Emily Maitlis in 'Scoop'? See cast and their real-life counterparts
- Brad Pitt Allegedly Physically Abused Angelina Jolie Before 2016 Plane Incident
- Who are the most valuable sports franchises? Forbes releases new list of top 50 teams
- What to know about next week’s total solar eclipse in the US, Mexico and Canada
- Actor in spinoff of popular TV western ‘Yellowstone’ is found dead, authorities say
- Elle King Reveals What Inspired Her New Butt Tattoo
Recommendation
Intel's stock did something it hasn't done since 2022
Lawmakers criticize a big pay raise for themselves before passing a big spending bill
Portland, Oregon, schools and after-school program sued after a 9-year-old girl is allegedly raped
French diver slips on springboard, falls into pool during Paris Olympics inauguration
Bill Belichick's salary at North Carolina: School releases football coach's contract details
'I screamed!' Woman quits her job after scratching off $90,000 lottery win
Fire outside the Vermont office of Sen. Bernie Sanders causes minor damage
Small plane clips 2 vehicles as it lands on North Carolina highway, but no injuries are reported