In a first of its kind, Mumbai will play host over the weekend to big international players in the nuclear industry and their Indian counterparts.
Starting on November 13, the three-day expo at the Bombay Exhibition Centre in Goregaon is poised to become the biggest networking meet after the international Nuclear Suppliers’ Group lifted restrictions on its member countries last year from transferring civilian nuclear technology and fuel to India, ending its 34-year-old nuclear isolation.
A roadmap for the country’s nuclear energy business is likely to emerge after the event, which will provide a platform for collaborations between Indian suppliers and large global players like Germany-based Schott Glass, Areva from France and US-based Schneider Electric.
“Apart from other energy sources, nuclear energy has the potential to meet the long-term demand for India’s energy security,” said M. Gandhi, managing director, UBM India Pvt Ltd, organisers of the event.
For India, importing nuclear plants will be an expensive affair in the long run.
“So getting local suppliers to build components for the plant within India based on their technology will help cut both manufacturing and transportation costs, putting us at an advantage,” said S.K. Malhotra, public awareness officer, Department of Atomic Energy (DAE).
Supported by the Ministry of Power and DAE, the event will host exhibits of 65 companies, offering technology in nuclear energy, conventional and non-conventional energy.
“India has excellent engineering skills. So big global players can collaborate on sharing those skills to help build nuclear plants in other parts of the world,” said Gandhi.