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MyPOWER Signs NDA With Rosatom Energy Projects For Nuke Development
MyPOWER Signs NDA With Rosatom Energy Projects For Nuke Development

Barnama

time5 days ago

  • Business
  • Barnama

MyPOWER Signs NDA With Rosatom Energy Projects For Nuke Development

Deputy Prime Minister Datuk Seri Fadillah Yusof (second, left) and Russia's state nuclear corporation Rosatom director-general Alexey Likhachev (second, right) witnessing the signing of a non-disclosure agreement (NDA) between MyPOWER and Rosatom. The NDA was signed by MyPOWER acting chief executive officer Devendra Thambirajah (left) and Rosatom Energy Projects general director Andrey Rozhdestvin (right). The NDA is served for knowledge sharing regarding nuclear development. --fotoBERNAMA (2025) COPYRIGHT RESERVED MyPOWER Signs NDA With Rosatom Energy Projects For Nuke Development From Siti Radziah Hamzah MOSCOW, June 27 (Bernama) -- Malaysia's MyPOWER Corporation today signed a non-disclosure agreement (NDA) with Russia's Rosatom Energy Projects for knowledge sharing in terms of nuclear energy development. Deputy Prime Minister Datuk Seri Fadilah Yusof said the NDA between MyPOWER and ROSATOM was a meaningful step in enabling detailed evaluation of technologies such as the Floating Nuclear Power Plant (FNPP). 'MyPOWER has been mandated by the Malaysian government to continue its engagement with Rosatom to explore further avenues of cooperation,' he said during a meeting with Rosatom's director-general Alexey Likhachev to discuss bilateral cooperation in nuclear energy here today. The NDA was signed by MyPOWER acting chief executive officer Devendra Thambirajah and Rosatom Energy Projects general director Andrey Rozhdestvin. MyPOWER is a special purpose agency under the Ministry of Energy Transition and Water Transformation. Fadillah, who is also the Minister of Energy Transition and Water Transformation, said Malaysia is actively preparing to pursue the potential deployment of the FNPP and stands ready to enter into further negotiations to strengthen collaboration. 'This may include the signing of a memorandum of understanding or an inter-governmental agreement subject, of course, to the necessary approvals from both governments in the near future,' he added. -- BERNAMA

DPM Fadillah: Russia to support Malaysia's nuclear tech devt
DPM Fadillah: Russia to support Malaysia's nuclear tech devt

Borneo Post

time5 days ago

  • Business
  • Borneo Post

DPM Fadillah: Russia to support Malaysia's nuclear tech devt

Fadillah (left) handing an appreciation gift to the Russia's state nuclear corporation Rosatom director-general Alexey Likhachev (right) after a meeting to discuss bilateral cooperation in nuclear energy. – Bernama photo MOSCOW (June 28): Russia has agreed to continue cooperating with Malaysia to build the country's capacity in nuclear energy development, covering institutional, human capital, technical, commercial and legal aspects, Deputy Prime Minister Fadillah Yusof said. Fadillah, who is also the Energy Transition and Water Transformation Minister, said Russia's extensive experience in nuclear energy should be considered as Malaysia looks to enhance its future energy security. Speaking at a press conference after concluding his four-day working visit to Russia last night, he said one of the main objectives of the trip was to strengthen energy cooperation between the two countries. In addition to existing cooperation in coal imports, Fadillah said he and Russian Deputy Prime Minister Alexey Overchuk also discussed the potential for collaboration in the field of nuclear energy. 'Russia possesses advanced technology in the peaceful use of nuclear energy. The country's experience in nuclear energy technology could support Malaysia's aspirations under the National Energy Transition Roadmap,' said Fadillah. He also held a meeting on Friday with Russian state nuclear firm Rosatom's director general Alexey Likhachev, during which discussions covered technical and operational matters, including legal frameworks, technology transfer and workforce training. According to Fadillah, the meeting opened the door for direct dialogue between Malaysia's technical agencies and Rosatom to assess potential areas of nuclear cooperation, including the strengthening and modernisation of the power grid, which would in turn have a positive impact on ASEAN Power Grid cooperation. He said the Cabinet had, in principle, approved the consideration of nuclear energy as part of Malaysia's future energy mix. 'This is to address the current limitations in baseload energy supply. We are trying to reduce our dependence on coal and gas, but supply remains a challenge. 'In addition, we face constraints in hydroelectric generation due to limited water resources. Globally, many now see nuclear power as an option that must be considered,' he added. Fadillah stressed that the government must first undertake a thorough study of nuclear technology, including public engagement efforts. 'Public support is critical. This process must involve various ministries, agencies and NGOs to provide clear explanations. It can only proceed once an international agreement is signed and accepted by the majority of the public. This is the first step in that direction,' he said. Fadillah concluded his four-day working visit to Russia today. He also visited Uzbekistan from June 21 to 24. The Deputy Prime Minister's visit to Russia followed Prime Minister Datuk Seri Anwar Ibrahim's official visit to the country from May 13 to 16, aimed at enhancing and exploring new areas of cooperation between Malaysia and Russia. – Bernama bilateral cooperation fadillah yusof nuclear energy Russia

Russia sign pact to construct nuclear power plant in uranium rich Kazakhstan
Russia sign pact to construct nuclear power plant in uranium rich Kazakhstan

Time of India

time24-06-2025

  • Business
  • Time of India

Russia sign pact to construct nuclear power plant in uranium rich Kazakhstan

Russia and its close partner in Central Asia Kazakhstan have reached an agreement and signed documents for the construction of a nuclear power plant in Kazakhstan. The agreement was signed by Alexey Likhachev, director general of the Russian atomic energy corporation Rosatom , and Almasadam Satkaliyev, chairman of Kazakhstan's Atomic Energy Agency, at the recently held St. Petersburg International Economic Forum. During the meeting the Indicative Road Map was approved, envisaging the stages of project preparation and implementation, including surveying, conclusion of an EPC contract and development of project documentation. In addition, Kazakhstan Nuclear Power Plants LLP (KNPP LLP) and Atomstroyexport JSC (Engineering Division of Rosatom) signed a framework agreement that defines the key principles of cooperation in implementing the project in Jambyl district of Almaty region. The project is implemented within the framework of interstate cooperation in the peaceful use of atomic energy and is aimed at achieving the strategic objectives to ensure energy security and decarbonization of Kazakhstan's economy . The parties emphasize the importance of setting about implementing the project, which is of a strategic nature for Kazakhstan, as soon as possible. Live Events 'We appreciate the trust the Kazakhstani party has placed in us to lead the international consortium that will build a nuclear power plant in Kazakhstan. This country has been our reliable historical partner in the nuclear industry. We are convinced that Russian nuclear technologies, which have proven their reliability, safety and efficiency, will serve the people of Kazakhstan, strengthening its energy sovereignty,' said Alexey Likhachev. Kazakhstan had earlier selected Rosatom as the leader of an international consortium tasked with building a large-capacity nuclear power plant in the country.

Iran-Israel War: ‘Chernobyl in the Making?' Explosions Rock Iran's Nuclear Plant After US Strikes
Iran-Israel War: ‘Chernobyl in the Making?' Explosions Rock Iran's Nuclear Plant After US Strikes

India.com

time22-06-2025

  • Politics
  • India.com

Iran-Israel War: ‘Chernobyl in the Making?' Explosions Rock Iran's Nuclear Plant After US Strikes

Iran-Israel War: Tensions in the Middle East soared further on June 22 as explosions echoed through Iran's southern port city of Bushehr, home to the country's only operational nuclear power plant. The Israeli military claimed responsibility for the strike, saying it also targeted missile launchers in Isfahan and Ahvaz. The timing of the attack – barely hours after the United States struck three Iranian nuclear sites – has raised serious fears of a looming nuclear crisis. While Iranian officials have yet to confirm any damage to the nuclear plant itself, concerns are mounting. Built with Russian assistance, the facility operates using nuclear fuel supplied by Moscow. The same fuel is shipped back to Russia after use to mitigate proliferation risks. As of now, Iranian authorities report no radiation leaks. But the attack is being viewed in international circles as a dangerously provocative move. Rafael Grossi, the director of the International Atomic Energy Agency (IAEA), had previously warned that a direct strike on the Bushehr plant could trigger catastrophic consequences. 'A hit on the facility could lead to a massive release of radioactivity, affecting not just Iran but its neighbours as well,' he had said while addressing the UN Security Council. Experts agree that if a direct strike compromises the reactor, the fallout could mirror nuclear disasters of the past. The comparison many are drawing is to Chernobyl. In that 1986 tragedy, a botched test led to an explosion and fire at a reactor in Ukraine, spreading radioactive contamination across Europe and causing long-term health damage to thousands. According to international nuclear safety protocols, any such incident at Bushehr would demand swift protective actions. These would likely include mass evacuations, iodine distribution, food and water restrictions and large-scale radiation monitoring across several hundred kilometres. Russia has issued its own warnings. With more than 600 personnel, including 250 permanent staff, stationed at the Bushehr facility, Moscow had reportedly sought assurances from Israel for their safety. Rosatom chief Alexey Likhachev said any damage to the site could unleash a disaster on the scale of Chernobyl. The Israeli military had previously claimed its mention of Bushehr as a target was a mistake. But the latest strikes tell a different story. As images of smoke rising over Bushehr surface on social media and satellite data, the world is left to reckon with the possibility that a new chapter in warfare – one where nuclear power plants become battlefronts – may be closer than ever imagined. For now, the region holds its breath. Radiation levels remain normal. But questions remain – how close did the world come to a nuclear nightmare? And what happens if the next missile does not miss?

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