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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.

Power Machines awarded $1.7 billion contract

Located in: Corporate

28 May 2008

Russian power plant equipment company Power Machines has signed a contract for the supply of basic power equipment for the second phases of both the Novovoronezh and Leningrad nuclear power plant.

Russia delivers fuel for Kudankulam

Located in: Industry Talk

27 May 2008

The first consignment of fuel from Russia for unit 1 of the Kudankulam nuclear power plant in Tamil Nadu, India, was delivered on 25 May. The plant - consisting of two 1000 MWe VVER reactors - is being constructed under a bilateral agreement between India and Russia. Russia will supply all the enriched fuel, though India will reprocess it and keep the plutonium. Construction of the Kudankulam plant started in 2002. The general contractor for the project is Russia's AtomStroyExport (ASE). Nuclear Power Corporation of India Ltd (NPCIL) said that the plant was now 86% complete and that pre-commissioning activities had already started. Unit 1 of the Kudankulam plant is scheduled to begin commercial operation in June 2009, while unit 2 should start up in March 2010. Russia and India earlier signed an agreement for an additional four 1000 MWe reactors at Kudankulam, as well as other nuclear energy related projects in India.

Russia and India agree on more Kudankulam reactors

Located in: Nuclear Policies

13 February 2008

Russia and India have finalized negotiations on an agreement for Russia to construct four additional nuclear power reactors at Kudankulam, Tamil Nadu. The construction of two Russian units there is progressing.

Belene contract 'opens new prospects' for Russia in Europe

Located in: New Nuclear

18 January 2008

The signing of a Eur4 billion contract for two new nuclear power reactors was welcomed by vendor AtomStroyExport, (ASE) which said that its selection for the new plant would help its chances to win further contracts in Europe.

India begins safeguards talks with IAEA

Located in: Nuclear Policies

22 November 2007

Top Indian officials are in Vienna, Austria for meetings with the IAEA over specific measures to ensure nuclear power materials in India are used for only peaceful purposes.

New Kudankulam units put on ice

Located in: Nuclear Policies

12 November 2007

Indian prime minister Manmohan Singh suffered another setback to his nuclear power plans when Russian President Vladimir Putin refused to authorise export of four nuclear power plants to India. Meanwhile, US diplomacy has had little effect on his political opponents.


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