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News Brief | April 2013

UK firms to revive N-energy sector supplies to India

Companies from Britain are expected to initiate talks with Nuclear Power Corporation (NPC) and private sector companies such as Larsen and Toubro, Godrej and Kirloskar to become a part of the supply chain. Though British companies are not engaged in the supply of reactors, they have evinced interest in the supply of a number of components and for providing enrichment capabilities, said a senior NPC official. The move comes following Prime Minister Manmohan Singh's announcement on negotiations for a nuclear energy agreement with Britain. UK companies have expertise in enrichment capabilities. The UK is not a uranium producer but companies can convert enriched uranium into fuel. They are keen to tap into opportunities in the conversion business, considering the huge fuel requirement in India. The PM's announcement comes as NPC proposes to increase its capacity to 63,000 MW by 2032 from the present 4,780 MW, through indigenous and foreign reactors. British companies are also keen towards bagging fabrication contracts..
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