Malaysia’s MyPOWER Corporation has formalised a nondisclosure agreement (NDA) with Russia’s Rosatom Energy Projects to facilitate strategic knowledge sharing on nuclear energy technologies, including the Floating Nuclear Power Plant (FNPP).
The agreement marks a significant advancement in Malaysia’s nuclear energy ambitions, with Deputy Prime Minister and Minister of Energy Transition and Water Transformation, Datuk Seri Fadillah Yusof, affirming the country’s commitment to a detailed evaluation of FNPP technology.
“MyPOWER has been mandated by the Malaysian government to continue its engagement with Rosatom to explore further avenues of cooperation,” he said during a bilateral meeting with Rosatom Director-General Alexey Likhachev in Moscow.
The NDA was formally signed by MyPOWER Acting Chief Executive Officer Devendra Thambirajah and Rosatom Energy Projects General Director Andrey Rozhdestvin. MyPOWER, a dedicated agency under the Ministry of Energy Transition and Water Transformation, plays a key role in Malaysia’s strategic energy transition agenda.
Datuk Seri Fadillah added that Malaysia is actively positioning itself for potential deployment of FNPPs and is open to advancing the partnership through formal agreements. These may include a memorandum of understanding or an inter-governmental agreement, pending requisite governmental approvals from both countries.
-Bernama
