Current:Home > NewsBangladesh gets first uranium shipment from Russia for its Moscow-built nuclear power plant -Streamline Finance
Bangladesh gets first uranium shipment from Russia for its Moscow-built nuclear power plant
View
Date:2025-04-17 05:09:17
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! (41)
Related
- Behind on your annual reading goal? Books under 200 pages to read before 2024 ends
- When will Spotify Wrapped be released for 2024? Here's what to know
- Opinion: What is Halloween like at the White House? It depends on the president.
- Europe’s human rights watchdog urges Cyprus to let migrants stuck in UN buffer zone seek asylum
- Whoopi Goldberg is delightfully vile as Miss Hannigan in ‘Annie’ stage return
- Federal judge lets Iowa keep challenging voter rolls although naturalized citizens may be affected
- Hurricane-Related Deaths Keep Happening Long After a Storm Ends
- Election Day forecast: Good weather for most of the US, but rain in some swing states
- Paris Hilton, Nicole Richie return for an 'Encore,' reminisce about 'The Simple Life'
- What time does daylight saving time end? When is it? When we'll 'fall back' this weekend
Ranking
- US wholesale inflation accelerated in November in sign that some price pressures remain elevated
- Families can feed 10 people for $45: What to know about Lidl’s Thanksgiving dinner deal
- Texas Sued New Mexico Over Rio Grande Water. Now the States are Fighting the Federal Government
- Is pumpkin good for dogs? What to know about whether your pup can eat the vegetable
- FACT FOCUS: Inspector general’s Jan. 6 report misrepresented as proof of FBI setup
- Will the 'khakis' be making a comeback this Election Day? Steve Kornacki says 'we'll see'
- Harris, Obamas and voting rights leaders work to turn out Black voters in run-up to Election Day
- What time does daylight saving time end? When is it? When we'll 'fall back' this weekend
Recommendation
NCAA hits former Michigan coach Jim Harbaugh with suspension, show-cause for recruiting violations
Tucker Carlson is back in the spotlight, again. What message does that send?
Reba McEntire finds a new on-screen family in NBC’s ‘Happy’s Place’
When is the NASCAR Championship Race? What to know about the 2024 Cup Series finale
$73.5M beach replenishment project starts in January at Jersey Shore
Voters Head to the Polls in a World Full of Plastic Pollution. What’s at Stake This Year?
Chloë Grace Moretz Comes Out as Gay in Message on Voting
Ryan Blaney, William Byron make NASCAR Championship 4 in intriguing Martinsville race