Sweden is offering India its considerable expertise in nuclear waste management and areas relating to nuclear security. The country, having world leadership in management of used fuel has its nuclear waste management well in hand.
Earlier this year, Swedish companies operating in the nuclear sector came to India on an exploratory trip for discussions with Nuclear Power Corporation of India Limited (NPCIL) officials and met Atomic Energy Commission Chairman Anil Kakodkar.
The delegation comprised Swedish nuclear companies like Sandpit, Swenson, SKB International Consulting AB, Studbook, ES-consult and Rel con Candlepower AB.
“Sweden has considerable expertise in nuclear waste management and areas relating to nuclear security. We are exploring opportunities of partnering with India in this area,” Sweden’s Ambassador to India Lars-Olof Lindgren said.
Swedish companies are also in contact with Indian private firms like Larsen & Toubro Ltd and Bharat Forge Ltd. These companies are interested in production of nuclear power which is presently the monopoly of the government in India.
Lindgren said that Sweden was interested to support an agreement for India in 45-nation Nuclear Suppliers Group, like other Scandinavian countries. He also explained the possibilities of support in renewable solar and wind energy and clean energy technologies in which Sweden is a pacesetter.
Sweden depends on nuclear power to meet nearly 50 percent of its total energy requirement. In a radical departure from its established policy, the Government of Sweden has cancelled a ban on construction of new nuclear reactors in February 2009, as it wanted to avoid producing more greenhouse gases.
Lindgren said that the Swedish government is now looking to replace old reactors with new ones.
By 2020, the Indian nuclear power market is expected to reach $40 billion. Nuclear companies from US, Russia, France and Kazakhstan, the four countries with which India has signed bilateral nuclear agreements, are competing to get a share of the nuclear pie. British firms specializing in nuclear safety and research have also opened contacts with India.