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....
Russia confirms $3.4 billion in credit for next two nuclear energy reactors
India and Russia on Tuesday signed a protocol for Russian funding for units III and IV at the Kudankulam Nuclear Power Project in Tamil Nadu. Russia will extend export credit amounting to $3.4 billion. Signed by India's Department of Atomic Energy Special Secretary A.P. Joshi and Russian Deputy Finance Minister...
Nuclear Power Corporation of India appoints new permanent CEO
Today, Nuclear scientist and technocrat Kailash Chandra Purohit took over as the new chairman-cum-managing director (CMD) of the Nuclear Power Corporation of India Ltd. (NPCIL) today. The 58-year-old succeeds acting NPCIL CMD S. A. Bharadwaj following the retirement of Dr. S.K. Jain as the CMD last month. An electrical engineer...
Attempts to insure operating nuclear plants in India
According to the Business Standard newspaper, currently, India's atomic reactors are insured only until the time they are not operational. As soon as the fission material is fired into the reactors, the insurance cover ends Nuclear Power Corporation of India Ltd (NPCIL) bears the responsibility of any damages. As NPCIL...
India's nuclear utility gets new executive leadership
After a couple of extensions, Nuclear Power Corporation of India Ltd (NPCIL) Chairman Dr. S.K. Jain retired last month. He was also chairman of sister company, Bhavini, which runs India's fast breeder reactor program. NPCIL has 2o reactors functioning and is India's only nuclear utility. Bhavini runs a small fast...
Nuclear energy production rises 22 percent in India
Aided by imported uranium and new plants, India' s Nuclear Power Corporation (NPCIL) generated 32,455 million units of electricity in the year ended March 31, 2012, 22.5 per cent higher than the year before. Currently, NPCIL operates 19 nuclear power reactors in the country. NPCIL said revenue was $1.9 billion...