Russia seeks India co-investment in $3 billion Elkon Uranium Project

Russia offers India 49% control of joint uranium mining projects in country, such as the proposed Elkon development.  Russia's Rosatom and India's Uranium Corporation of India Limited have been negotiating the joint development of a large uranium reserve in the republic of Sakha, Sergei Kiriyenko, the Russian state nuclear holding's...

700 MW nuclear plant project achieves first mileston at Kakrapar

Construction work of India's first pair of indigenously designed 700-MW Pressurised Heavy Water Reactors (PHWRs) for Kakrapar Atomic Power Project Units 3 and 4 began in Gujarat State  with the  "first pour of concrete".  The Nuclear Power Corporation of India Ltd current operates two smaller units at this location and...

Indian Oil to invest in Nuclear Power

Indian Oil Corporation (IOC) may invest upto 26 percent of $2.7 billion to expand the Rajasthan Atomic Power Stations of India's Nuclear Power Corporation Ltd (NPCIL). At present Indian law does not permit private sector investment into Atomic Energy. NPCIL is 100% owned by the Indian government via its Department...

Heavy-Water Nuclear Reactor Exports from India, Chief Asserts

Dr. Srikumar Banerjee, India's topmost atomic energy official, said in Vienna, Austria this week that Nuclear Power Corporation of India Ltd is "ready to offer Indian PHWRs of 220 MWe or 540 MWe for export." Banerjee claims that Indian industry is also "on the way" to becoming a competitive supplier...

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