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Money no object for Indian reactor plans

Located in: New Nuclear

25 March 2009

Plans to deploy new reactors in India look strong after key officials indicated the funds required were forthcoming. Fifteen finance institutions responded to a recent request.

TVEL set to ship fuel pellets to India

Located in: Exploration and Nuclear Fuel

23 March 2009

India's Nuclear Fuel Complex has signed a protocol of acceptance with TVEL for the first 30 tonnes of uranium dioxide pellets to fuel Indian nuclear power reactors.

Russia signs fuel supply contract with India

Located in: Exploration and Nuclear Fuel

11 February 2009

Tarapur (NPCIL)Russian nuclear fuel producer TVEL and India's Department of Atomic Energy have signed long-term contracts worth more than $700 million for the supply of nuclear fuel to India's nuclear power plants.

India signs its safeguards agreement

Located in: Nuclear Policies

03 February 2009

ElBaradei and Kumar 02 02 09

The nuclear safeguards agreement between India and the International Atomic Energy Agency (IAEA) was signed in Vienna yesterday.

Russia and India ready to trade

Located in: Nuclear Policies

05 December 2008

Medvedev and Singh (Presidential Press and Information Office)Trade in nuclear power products and services has begun between India and Russia after the completion of a cooperation agreement. The first deal was to supply uranium fuel to the struggling Tarapur power plant.

India outlines nuclear power ambitions

Located in: Nuclear Policies

02 December 2008

India has reaffirmed its commitment to thorium fuel cycle, proposing to construct a dozen indigenously-developed nuclear power reactors. These units will be supplemented by imported conventional reactors.

US trade mission targets Indian market

Located in: Nuclear Policies

25 November 2008

Following the signing of the US-India nuclear trade agreement, a trade mission of US commercial nuclear industry executives will visit India next month touting for business. A delegation of Japanese nuclear industry officials is currently in India.

Excitement builds in India

Located in: Corporate

22 September 2008

Kudankulam (ASE)Indian power companies eager to invest in nuclear are engaged in increasingly serious talks. Industry groups expect over $26 billion in business over the next 15 years and a group of 40 companies is lobbying government for the opportunity to buy.

Russian reactor designer and constructor to merge

Located in: Corporate

22 July 2008

Russian reactor builder AtomStroyExport and design organization St Petersburg Scientific Research and Design Institute AtomEnergoProekt are to merge to boost their chances in the international nuclear reactor market.

India choked by nuclear fuel shortage

Located in: Industry Talk

13 June 2008

[Bloomberg 4 June, Hindu 8 June] Indian nuclear power plants are running at about half of capacity due to a chronic shortage of nuclear fuel. The situation is expected to persist for several years unless the civil nuclear agreement with USA proceeds, though some easing this year is likely due to the new Turamdih mill in Jharkhand state coming on line (the mine there is already operating). Several new reactors have had start-up dates postponed due to the fuel shortage. Political opposition has delayed new mines in Jharkhand, Meghalaya and Andhra Pradesh. Fuel for the large Russian reactors being constructed at Kudankulam has started arriving from Russia, but these are not expected to start up until late next year. The deal with the USA which would allow India to import uranium from that country at least has been stalled by opposition from communist groups in the coalition government. Meanwhile, time is running out in the USA to push the deal through before the end of George Bush's Presidency in November.


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