Nuclear Power Market in India Attracts Sweden to Offer Nuclear technology

Jul 2009

With the Indian nuclear power market to touch $40 billion or Rs.20,000 crore by 2020, Atomic companies from the Sweden, US, Russia, France, Kazakhstan and Britain, are competing to get a share of the nuclear pie.

A delegation of Swedish companies such as, Sandpit, Swenson, SKB International Consulting AB, Studbook, ES-consult and Rel con Candlepower AB, operating in the area of nuclear technology and safety management came to India this April and held talks with officials of the Nuclear Power Corporation of India Limited (NPCIL) and also met India’s nuclear points man Anil Kakodkar, chief of the Atomic Energy Commission.

Swedish companies are also in touch with Indian private companies such as Larsen and Toubro and Bharat Forge which are interested in the production of nuclear power, currently the monopoly of the government in India.

Source: The Hindu

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