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KAPP – 3 Goes Operational After Synchronization

The State-owned Nuclear Power Corporation of India Limited (NPCIL) has synchronized 220 MW Reactor 3 of Kaiga Atomic Power project (KAPP) to the southern power grid earlier this year. The KAPP-3 will be the seventeenth operating nuclear power station in the country. The Kaiga nuclear project which is located in Uttar Kannada district of Karnataka, India comprises of four units, ...

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Japanese Diplomat Yukiya Amano is IAEA’s New D-G

Veteran Japanese diplomat Yukiya Amano was elected new director-general of the International Atomic Energy Agency (IAEA) in a closely contested election recently. The world’s top nuclear watchdog IAEA chose Japan’s Yukiya Amano as its next head and he touched on the devastation the US atom bombs wrecked on his country in pledging to do his utmost to prevent the spread ...

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India All Set to Export 220 MWe PHWRs to Kazakhstan

India is poised to emerge as an exporter of cost-effective, small-sized 220 MWe Pressurised Heavy Water Reactors (PHWRs) to countries with smaller grids. And Kazakhstan will possibly be the first overseas market for Indian-made 220 MWe PHWRs. Nuclear Power Corporation of India Ltd (NPCIL) and Kazakhstan’s  nuclear utility Kazatomprom are at an advanced stage of discussion and a feasibility study ...

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IAEA approves more inspection steps for India ahead of N-imports

The Vienna-based International Atomic Energy Agency (IAEA) has recently approved additional nuclear inspection measures for India, which the country has yet to ratify before it can receive imports for its growing nuclear energy sector. The U.N. nuclear watchdog’s approval fulfills a condition of the Indo-US deal allowing New Delhi to import nuclear technology after a 33-year freeze. The Additional Protocol ...

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Belarus Seeks 9 US dollars bn Russian Loan to Build N-Plant

Belarus is seeking a $9.0 billion (6.5-billion-euro) loan from Russia to build a nuclear power station, Russia’s Finance Minister Alexei Kudrin said recently. “Belarus is asking Russia for nine billion dollars in credit to build a nuclear power station,” Kudrin said. “We have the request from the Belarussian government and are examining it. “To begin providing credit we need to ...

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Indian Nuclear market to Expand to 40 bn US dollars by 2020: Report

A study conducted by an online research portal reports that the Indian nuclear power market is estimated to touch $40 billion or Rs 20,000 crore by 2020. This mainly includes opportunities for power equipment manufacturers, uranium suppliers and forging companies in and outside India. Companies from Russia, France and Kazakhstan are among those discussing fuel and equipment supply with the ...

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Australia’s Energy & Minerals to Raise Funds for Uranium Project

Energy & Minerals Australia Ltd. plans to raise money within the next three months to fund Western Australia’s third-biggest uranium project and start production in 2013, the company’s Managing Director Chris Davis said. The company may either sell shares, seek a joint venture partner, or find buyers for future production, Chris Davis said in Perth recently. Western Australia’s ban on ...

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Areva to Sell India Business to Secure Long-Term Fiscal Viability

Areva, the French nuclear reactor group, has said that it would sell its T&D India business with proposed sale of its power transmission and distribution division. However, its Indian arm – Areva T&D India, 72-percent owned by T&D, will continue with its planned market strategies. A reva Chief Executive Anne Lauvergeon said that the entire sale process is likely to ...

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Areva Invites investors to fund 12 US dollars bn for New Tech N-Programme

French state-controlled nuclear giant Areva requires investments between eight billion and 10 billion euros (11.2 billion and 14.0 billion dollars) by 2012 to develop its third-generation EPR nuclear reactors. Areva said recently that it was opening its capital to new investors and would sell a subsidiary to raise funds for massive investments in new nuclear technology to fund its investment ...

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Areva Invites investors to fund 12 US dollars bn for New Tech N-Programme

French state-controlled nuclear giant Areva requires investments between eight billion and 10 billion euros (11.2 billion and 14.0 billion dollars) by 2012 to develop its third-generation EPR nuclear reactors. Areva said recently that it was opening its capital to new investors and would sell a subsidiary to raise funds for massive investments in new nuclear technology to fund its investment ...

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