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NPCIL to operate 220 MW small nuclear reactors for private players

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For the first time, the Nuclear Power Corporation of India (NPCIL) will operate 220 MW small nuclear reactors for private players. Private companies will provide funding and land, while NPCIL will manage the plants, according to a PTI report. Developments are expected by late 2024 or early 2025, with no amendments required to the Atomic Energy Act (AEA), 1962, which grants exclusive authority to the government over atomic energy. India is working on adapting its…

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OECD net electricity production rises 5.4% in June 2024

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According to the latest release from the International Energy Agency (IEA), total net electricity production in the Organisation for Economic Co-operation and Development (OECD) countries reached 902.8 TWh in June 2024, reflecting a 5.4% year-on-year (y-o-y) increase. On a year-to-date basis, electricity production in the first two quarters of 2024 rose by 2.9%. The OECD consists of 38 member countries, including major economies such as the United States, Japan, Germany, and Australia, working to promote…

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India building 14 new nuclear reactors, Sealmatic eyes opportunities

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India is constructing 14 additional 700 MW nuclear reactors, expected to be operational by 2031-32, following the design of KAPS-4. The Nuclear Power Corporation of India (NPCIL) currently operates 24 reactors with a total capacity of 8,180 MW and has eight units under construction, adding 6,800 MW. Another 10 reactors, totalling 7,000 MW, are in pre-project phases, set to bring the country’s nuclear capacity to 22,480 MW by 2031-32. Sealmatic India, the country’s only ISO…