Russia and Myanmar sign deal for construction of nuclear power plant

Russia and Myanmar have signed an agreement for the construction of a small nuclear power plant in Myanmar. The project aims to provide affordable energy for Myanmar’s economy while strengthening bilateral relations.

Share:

Comprehensive energy news coverage, updated nonstop

Annual subscription

8.25$/month*

*billed annually at 99$/year for the first year then 149,00$/year ​

Unlimited access • Archives included • Professional invoice

OTHER ACCESS OPTIONS

Monthly subscription

Unlimited access • Archives included

5.2$/month*
then 14.90$ per month thereafter

FREE ACCOUNT

3 articles offered per month

FREE

*Prices are excluding VAT, which may vary depending on your location or professional status

Since 2021: 35,000 articles • 150+ analyses per week

During a meeting at the Kremlin between Russian President Vladimir Putin and Myanmar’s junta leader Min Aung Hlaing, the two countries formally signed an agreement concerning the construction of a small nuclear power plant in Myanmar. This project aims to enhance the country’s energy supply while supporting its economic development.

A small-scale nuclear power project

The signed agreement outlines the construction of a nuclear plant with an initial capacity of 110 megawatts, with the potential to expand this to 330 megawatts. The Russian nuclear giant, Rosatom, has been designated to carry out this initiative. According to statements from both countries, this infrastructure is expected to provide Myanmar with an energy source that is both affordable and relatively clean, thereby stimulating the local economy.

Putin highlighted that the project would create 1,000 new jobs in Myanmar and also promote the training of skilled personnel in the energy sector. Although the agreement has now been signed, details concerning the timeline for the project’s completion remain unclear.

Strengthened partnership between the two countries

This project forms part of a broader framework of growing cooperation between Russia and Myanmar, particularly in the energy and commercial sectors. The Russian president specified that nearly 90% of the oil consumed in Myanmar in 2024 came from Russia, which is a crucial aspect of trade between the two nations.

The relationship between Moscow and Naypyidaw is particularly significant for the Myanmar junta, which has faced a series of international sanctions since the 2021 coup. As a result, Myanmar seeks to diversify its trade partners and reduce its international isolation, notably by strengthening ties with Russia. This increased cooperation is seen as essential to circumvent the effects of Western-imposed economic sanctions.

Strategic support amidst the war in Ukraine

During the meeting, Min Aung Hlaing expressed his support for Vladimir Putin, emphasising that Myanmar fully understood the situation in Russia. The junta leader reiterated his support for Russia’s “special military operation” in Ukraine, using the official Russian terminology to describe the ongoing invasion. This mutual support appears to further strengthen the bonds between the two regimes, especially since Myanmar has also benefited from Russian military support in the past.

As a sign of this growing proximity, Min Aung Hlaing invited Putin to visit Myanmar, while the Russian leader proposed that the Myanmar junta participate in the May 9 military parade on Red Square in Moscow. This exchange of courtesies illustrates the strategic importance of the relationship between the two countries, although their cooperation is often perceived as being linked to their respective positions on international sanctions.

Videberg Kraft AB becomes the first company to request government support to build two new reactors at the Ringhals site, under the national nuclear investment framework adopted in 2025.
The European Commission opens an in-depth investigation into Prague's public funding of a major nuclear project, which could reach €30bn ($32.88bn), with guaranteed revenues over forty years.
Niigata's assembly officially backs the restart of the Kashiwazaki-Kariwa site, marking a key step in Japan’s return to nuclear energy following the 2011 Fukushima disaster.
The Japanese government plans to fund up to 30% of loans required for nuclear projects, aiming to accelerate reactor restarts and double the share of nuclear energy in its energy mix by 2040.
French nuclear reactor developer Newcleo has submitted its lead-cooled small modular reactor design to Euratom, initiating the first regulatory phase to integrate nuclear non-proliferation safeguards at the European level.
French state utility EDF has increased the maximum estimated cost for building six new nuclear reactors to €72.8 billion ($85.29 billion), representing a 40% rise over the original figure.
California-based startup Radiant has secured $300mn to build its first factory in Tennessee and prepare for the mass production of miniature nuclear reactors for off-grid applications.
Terra Innovatum has increased its interactions with the Nuclear Regulatory Commission to advance licensing of its SOLO™ micro-modular reactor, despite the partial shutdown of the US federal government.
The US nuclear regulator has extended the operating licences of three Illinois reactors by 20 years, strengthening Constellation's long-term industrial outlook for the Clinton and Dresden sites.
The SATURNE Industrial Chair aims to develop innovative uranium extraction methods, with joint funding from Orano and the National Research Agency over a four-year period.
US-based X-energy has signed a reservation agreement with South Korea's Doosan Enerbility to secure key components for its small modular nuclear reactors.
Niger expands its mining alliances with Uranium One to develop new sites, while the Dasa project continues seeking financing despite clear political backing.
Samsung Heavy Industries has received Approval in Principle for a floating nuclear plant featuring two SMART100 reactors, marking a step toward the commercialisation of offshore small modular reactors.
The Indian government proposes a unified legal framework for nuclear energy, aiming to boost private investment and increase installed capacity to 100 GW by 2047.
Samsung C&T strengthens its presence in modular nuclear energy in Europe by signing an agreement with Synthos Green Energy to develop up to 24 SMRs in Poland and several Central European countries.
Israeli firm nT-Tao and Ben-Gurion University have developed a nonlinear control system that improves energy stability in fusion plasmas, strengthening the technical foundation of their future compact reactors.
The Indian government has introduced a bill allowing private companies to build and operate nuclear power plants, ending a state monopoly in place for over five decades.
Natura Resources enters a new regulatory phase for its molten salt reactor MSR-1, following the signing of a framework agreement with the US Department of Energy under the Reactor Pilot Program.
Norwegian Nuclear Decommissioning is surveying 22 localities to assess their interest in hosting storage facilities for radioactive waste from the country’s former research reactors.
Electricité de France's Flamanville 3 reactor has reached full power for the first time, marking a key industrial milestone in the deployment of EPRs in Europe, despite cost overruns reaching EUR23.7bn ($25.7bn).

All the latest energy news, all the time

Annual subscription

8.25$/month*

*billed annually at 99$/year for the first year then 149,00$/year ​

Unlimited access - Archives included - Pro invoice

Monthly subscription

Unlimited access • Archives included

5.2$/month*
then 14.90$ per month thereafter

*Prices shown are exclusive of VAT, which may vary according to your location or professional status.

Since 2021: 30,000 articles - +150 analyses/week.