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