MSCI or Morgan Stanley Capital International, an investment research firm best known for its benchmark indexes, has raised India's weightage in its Global Standard index to an all-time high of 18.2% in its February review. This could lead to inflows of around $1.2 billion as the weightage has nearly doubled...
BHEL Wins Fleet Order for Nuclear Reactor Headers
India's nuclear energy expansion is currently focused on two fronts: 1000 megawatt light water reactors based on foreign technology along the coasts and 700 megawatt heavy water reactors based on domestic development to be located in inland areas. Bharat Heavy Electricals Limited announced that it has won a “prestigious order”...
France's Alstom wins another boiler order in India
France's Alstom SA has recently been awarded a $115 million contract by BHEL to supply components for three units of 660 MW supercritical boilers of Nabinagar Power Generating Co. Ltd. NPGCL is a joint venture company of NTPC Ltd. and Bihar State Electricity Board located in Nabinagar, Bihar, India. Alstom...
France's Alstom wins order to supply turbines and generator to nuclear power plant
Alstom, in consortium with India's BHEL, has secured a contract from the Nuclear Power Corporation of India Ltd (NPCIL) to supply turbine generator package for its Rajasthan Atomic Power Project (RAPP) units 7 & 8, located at Rawatbhata in Rajasthan. Alstom's share in the total consortium contract is $100 million....
Suppliers and Customer Express concern about Nuclear Liability Law
India's parliament passed a new liability law last year. The Civil Liability for Nuclear Damage Bill 2010 determines how the liability for an accident would be apportioned among equipment suppliers and vendors under the provisions of the nuclear liability law. But many suppliers find it lacking. Equipment makers, including India's...