Industry news

Industry news

West Bengal is set to upgrade its power distribution infrastructure by converting overhead lines to underground systems in 16 towns, including key tourist destinations. This project, valued at approximately ₹ 2,014 crore, will be fully funded by the Central government.

Industry news

Siemens Energy India Limited has commissioned its first 145 kV SF6-free circuit breaker in India, marking the introduction of its Blue high-voltage technology in the country. This development supports more sustainable high-voltage grid infrastructure by utilizing clean air insulation and vacuum switching.

Industry news

Powertrac has announced plans to construct a 10 GWh battery energy storage system (BESS) manufacturing facility in Gujarat, India. The company has secured an order agreement with SUNKA LEAD, a China-based supplier of battery manufacturing equipment and automation solutions, for the production line. This expansion marks Powertrac's entry into the energy storage sector, complementing its existing solar energy operations.

Investment and financeIndustry news

Odisha has approved a record investment of ₹15,948.70 crore to expand and modernize its power transmission network. This initiative aims to meet rising industrial demand, integrate renewable energy, and enhance power reliability across the state. The project includes the introduction of a 765 kV transmission network, new grid substations, and the upgrade of existing infrastructure.

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New buildIndustry news

Construction has commenced on the second Hualong One unit at the Zhaoyuan nuclear power plant in China, with the first concrete pour for the unit's basemat completed on September 5. This marks a significant step in the development of the plant, which is projected to eventually house six Hualong One units and represents a substantial investment in China's nuclear energy infrastructure.

Contracts and procurementIndustry news

Axis Energy has been awarded the engineering, procurement, and construction (EPC) contract for a 552 MWp utility-scale solar power project in Anantapur, Andhra Pradesh, India. The project, developed by Evren, a joint venture between Brookfield and Axis Energy, is slated for commissioning within 18 months. This solar facility is part of a larger 400 MW wind-solar hybrid renewable energy initiative that includes battery energy storage systems (BESS) and connects to the state grid, aiming to provide power during peak demand.

Industry news

AI data centers are projected to consume 8% of global power demand by 2030, driven by the energy-intensive processes of training large language models. Experts suggest that requiring data centers to use non-polluting energy sources, including nuclear, could help mitigate environmental impact.

Nuclear fuel cycleIndustry news

Westinghouse Electric Company, Nordion, and PSEG Nuclear have finalized agreements to produce cobalt-60 at the Salem nuclear power plant in New Jersey. This collaboration aims to establish the first commercial-scale cobalt-60 production platform in the United States, utilizing pressurized water reactors for medical isotope production.

Small modular reactorsNew build

Studsvik has entered a joint development agreement with several partners to advance the 1.2-GW ReFirm program, which aims to deploy four BWRX-300 units in southern Sweden, with the first unit expected to begin operations in the mid-2030s.

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Regulation and policyIndustry news

The Pink Corridor project is examining the feasibility of nuclear-powered commercial shipping between the Port of Charleston, South Carolina, and the Port of Felixstowe, England. This initiative focuses on regulatory, security, and safety considerations for a conceptual nuclear-powered container ship route.

Regulation and policyNucFinder

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Industry news

The High-Level Clearance Committee in Karnataka has approved nine new projects and eight additional investment proposals totaling ₹29,679 crore, projected to create 66,360 jobs in the industrial sector.