Current:Home > StocksBangladesh gets first uranium shipment from Russia for its Moscow-built nuclear power plant -Secure Horizon Growth
Bangladesh gets first uranium shipment from Russia for its Moscow-built nuclear power plant
View
Date:2025-04-16 18:07:55
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! (17)
Related
- At site of suspected mass killings, Syrians recall horrors, hope for answers
- Athleta’s Semi-Annual Sale: Score 60% Off on Gym Essentials and Athleisure Looks
- Puerto Rico Is Struggling to Meet Its Clean Energy Goals, Despite Biden’s Support
- New Faces on a Vital National Commission Could Help Speed a Clean Energy Transition
- Grammy nominee Teddy Swims on love, growth and embracing change
- Chimp Empire and the economics of chimpanzees
- Britney Spears Speaks Out After Alleged Slap by NBA Star Victor Wembanyama's Security Guard in Vegas
- Apple moves into virtual reality with a headset that will cost you more than $3,000
- Are Instagram, Facebook and WhatsApp down? Meta says most issues resolved after outages
- It's not just you: Many jobs are requiring more interviews. Here's how to stand out
Ranking
- IRS recovers $4.7 billion in back taxes and braces for cuts with Trump and GOP in power
- YouTubers Shane Dawson and Ryland Adams Expecting Twins Via Surrogate
- Video shows how a storekeeper defeated Facebook founder Mark Zuckerberg in jiu-jitsu
- This Adjustable Floral Dress Will Be Your Summer Go-To and It’s Less Than $40
- Newly elected West Virginia lawmaker arrested and accused of making terroristic threats
- Leading experts warn of a risk of extinction from AI
- Project Runway All Stars' Johnathan Kayne Knows That Hard Work Pays Off
- 'What the duck' no more: Apple will stop autocorrecting your favorite swear word
Recommendation
Which apps offer encrypted messaging? How to switch and what to know after feds’ warning
Methane Hunters: What Explains the Surge in the Potent Greenhouse Gas?
OceanGate Suspends All Explorations 2 Weeks After Titanic Submersible implosion
Environmental Groups Are United In California Rooftop Solar Fight, with One Notable Exception
Opinion: Gianni Infantino, FIFA sell souls and 2034 World Cup for Saudi Arabia's billions
'Los Angeles Times' to lay off 13% of newsroom
Video shows how a storekeeper defeated Facebook founder Mark Zuckerberg in jiu-jitsu
Mega Millions jackpot grows to $820 million. See winning numbers for July 21.