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India, China Nuclear Growth and Thorium
he US, for instance, has not set up a new nuclear plant in 29 years. But India?s new-found interest and China?s plan to raise its nuclear power generation target from 40 GW to 70 GW by 2020 have livened up the international nuclear industry. And thorium is back in nuclear debates almost 50 years after it was banished as an unviable technology. Ironically, the world?s first nuclear power plant at Pennsylvania in the US was built using thorium fuel. - Read More
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21 nuclear power projects planned in India
Senior sources in the Nuclear Power Corporation of India Ltd (NPCIL) point out that each of these reactors is likely to cost a minimum of 2 billion dollars and will collectively produce 30,000 MW of nuclear energy. "The NPCIL has to keep its price competitive. Coal-based power is available at Rs 2.50 per unit. Nuclear power will also have to compete against wind and solar energy. Nuclear fuel cannot be sold at a rate higher than other energy sources available in India," said Raman. - Read More
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India to start nuclear vendor negotiations in 2009
India aims to start final negotiations next week with General Electric Co., Areva SA and Westinghouse Electric Co. on building reactors as early as next year, after U.S. approval of a nuclear accord with the South Asian nation. - Read More
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Nuclear Power Corp of India Diversifying When Biz Should be Booming
As the doors of India's nuclear market are being opened to global suppliers, an Indian public sector company, expressly set up to produce nuclear power, is ironically shedding its brand image. The Nuclear Power Corp of India Ltd (NPCIL) in Mumbai has said in its latest annual report that "business sense has propelled" the company into diversifying into wind, hydel and solar thermal power plants. - Read More
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