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Collaborations

Japanese Consortium Buys 20 pct Stake in Uranium One

Vancouver’s Uranium One Inc. has entered into a long-term agreement with a Japanese consortium to sell up to 20 percent of the uranium available with it to help provide power to Tokyo, Japan’s largest city. At present, the consortium comprising Toshiba Corp., the Japan Bank for International Cooperation and the Tokyo Electric Power Company Inc. provides power to the Tokyo ...

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BHEL in Joint venture with UK based Company to manufacture forgings

State-run power equipment maker Bharat Heavy Electricals is set to form a joint venture with UK-based Sheffield (Forgemasters) to manufacture nuclear forgings. The joint venture is expected to be on a technology transfer basis and BHEL would buy the technology from the foreign firm. “BHEL will form a joint venture with UK-based firm Sheffield (Forgemasters) to manufacture nuclear forgings,” sources ...

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AREVA & NPCIL sign MoU to Build Six N-Reactors

Dr. S.K. Jain, Chairman and Managing Director of Nuclear Power Corporation of India Limited (NPCIL), and Mrs. Anne Lauvergeon, CEO of AREVA have signed a Memorandum of Understanding (MoU) on 4 February 2009 in New Delhi. Signing of this MoU, will open the way for a future partnership in nuclear power generation in order to build at least 2 EPR™ ...

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Russia Ready to Expand N- Ties with Siemens

Russian Prime Minister Vladimir Putin has said Russia is ready to expand cooperation in the nuclear energy sector with the German engineering giant Siemens, underlining the strength of economic ties between the two countries “We are ready to move from realizing piecemeal projects to the creation of a full-scale partnership between Siemens and (Russia’s state nuclear firm) Rosatom”, Putin told ...

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China Fire wins more contracts from China Nuclear Power Engg.

China Fire & Security Group (CFSG) has said it has won three additional contracts with China Nuclear Power Engineering Co. Ltd. (CNPEC), valued at about $5.3 million to provide fire detection services for three independent nuclear power projects. The Beijing, China-based company expects to recognize revenue from these contracts over a period of three years beginning in 2009. The present ...

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Westinghouse signs 10-yr nuclear services & support pact with FENOC

Westinghouse Electric has announced the signing of a comprehensive, 10-year agreement with FirstEnergy Nuclear Operating Company (FENOC) for provide services and support to the latter’s nuclear fleet. FENOC’s plants include the Beaver Valley Nuclear Power Station in Shippingport, Pa.; the Davis-Besse Power Station in Oak Harbor, Ohio; and the Perry Nuclear Power Plant in Perry, Ohio. Under terms of the ...

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Russia Offers 30 pc Rebate on New N-Reactors, Fuel for Existing Plants

Russia is offering a 30-percent discount on the $2-billion price tag for each of its new nuclear reactors under discussions for sale to India. Much of the equipment and components for the reactors are proposed to be manufactured in India. Russians are also open to depute its nuclear fuel firm, TVEL Corporation, to deliver uranium not just to the Russian-built ...

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Areva & JSW sign pact to ensure component supply to new N-plants

Areva and Japan Steel Works (JSW) have signed a deal to ensure the French company’s supply of major components for new nuclear power plants. Areva is one of the world’s leading nuclear power technology companies, while JSW is one of the leading heavy nuclear components manufacturers. A supply agreement between the two will be seen as a significant move to ...

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ONGC & UCIL Sign Pact to Explore Uranium

The Oil and Natural Gas Corporation Ltd. has recently signed a memorandum of understanding with the Uranium Corporation of India Ltd. for cooperation in uranium exploration and development. The MoU was signed in New Delhi by ONGC Chairman and Managing Director R. S. Sharma and UCIL Chairman and Managing Director Ramendra Gupta, in the presence of Dr. Anil Kakodkar, Chairman ...

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Westinghouse & KNF launch JV to Make Equipment

Westinghouse Electric Co has signed a joint venture agreement with Korea Nuclear Fuel Co (KNF) to manufacture control element assemblies (CEAs) for Combustion Engineering-designed nuclear power plants.. in the USA and South Korea. The terms of the joint venture agreement indicates Westinghouse will hold a 55 prcent stake in the joint venture and KNF will own 45 percent. The new ...

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