Sweden joins race to get a piece of N-pie

Leading nuclear power companies including the likes of Areva, Westinghouse and GE from the US and France are not the only ones keen to tap the opportunities in India’s nuclear power market. Countries like Sweden have now shown interest to garner a share in India’s nuclear power space, reports Anupama Airy.

Leading nuclear power companies including the likes of Areva, Westinghouse and GE from the US and France are not the only ones keen to tap the opportunities in India’s nuclear power market.

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Countries like Sweden, which are leading names in providing nuclear risk management services, have now shown interest to garner a share in India’s nuclear power space, and Sweden’s ambassador to India, Lars-Olof Lindgren is leading an industrial delegation to India on April 14.

Most tie-ups that have happened so far are in the area of nuclear reactors and associated equipments for nuclear power plants.

French major Areva joined hands with the Nuclear Power Corporation of India, while GE Hitachi has signed an agreement with BHEL; both are for supplying nuclear reactors to India. NPCIL is also engaged with Westinghouse to manufacture 1,000 mw nuclear reactors in India.

But Swedish companies like Sandvik, Sweco, SKB International AB, Relcon Scandpower AB, all part of Lindgren’s delegation, are offering services in areas of engineering and construction of nuclear power plants, risk management, nuclear waste disposal management and research and development.