Supply chain & business

Gujarat State Electricity Corporation Ltd (GSECL) and Nuclear Power Corporation of India Ltd (NPCIL) have signed a Memorandum of Understanding (MoU) to develop a 4,000 MW nuclear power project in Dhuvaran, Anand district. This project, estimated at approximately Rs 1 lakh crore, marks GSECL's entry into nuclear power generation.

Special Purpose Acquisition Companies (SPACs) have emerged as a rapid fundraising mechanism for advanced nuclear developers, securing hundreds of millions of dollars quickly. However, this path to public markets also exposes these capital-intensive companies to significant valuation volatility and market sentiment fluctuations.

BNC Power Projects Limited, working with Siemens Energy India Limited, secured two turnkey engineering, procurement and construction contracts from Maharashtra State Electricity Transmission Company Limited (MSETCL) for static synchronous compensator (STATCOM) systems in Maharashtra.

We’re heading to Manila! 🇵🇭 On 20–21 October, NucFinder will be joining the World Nuclear Supply Chain Conference 2026, organised by the World Nuclear Association, alongside the Philippine International Nuclear Energy Forum 2026. We’re looking forward to meeting companies from across the global...

Ethiopia's prime minister has confirmed plans for two 1200 MWe nuclear units, with three candidate sites shortlisted and a draft intergovernmental construction agreement with Rosatom under coordination.

Bharat Heavy Electricals Limited (BHEL) has approved an additional equity investment of Rs 650 million in NTPC BHEL Power Projects Private Limited (NBPPL), its joint venture with NTPC Limited. This investment will be made at face value in tranches during the financial year 2026-27.

The initial shipment of low-enriched uranium fuel for Unit 1 of the Rooppur Nuclear Power Plant has arrived in Bangladesh. This marks a significant step for the country's first nuclear power facility, which is being constructed with technical assistance from Rosatom.

The governments of South Korea and the United States have announced a comprehensive agreement to construct new megawatt-class nuclear reactors at U.S. sites. This initiative aims to enhance energy security and establish resilient supply chains through industrial cooperation between the two nations.

🇮🇹 Italy is preparing to return to nuclear power after almost 40 years. The Italian Senate has given final approval to the government's plan to restart nuclear power generation, with advanced modular reactors expected to play a role in the country's future energy mix. The next step is implement...

The Department of Energy has issued a conditional loan commitment to Vistra for upgrades and uprates at its nuclear power plants in Pennsylvania and Ohio, with an option for future financing at a Texas plant. These investments aim to increase electricity generation, extend operational licenses, and create jobs.

Saudi Power Procurement Company (SPPC) has finalized four storage service agreements for battery energy storage systems (BESS) projects, representing a total investment exceeding $1.16 billion. These projects will add 2,000 MW/8,000 MWh of storage capacity to the grid in Saudi Arabia.

India aims to expand its nuclear power capacity to 100 GW by 2047, requiring an estimated $210 billion investment. Officials and industry executives highlight the need to review green finance rules, which currently exclude nuclear investments, and to develop a stronger talent pipeline. Efforts are underway to address the shortage of specialized education and training, including certification programs to build a local nuclear supply chain.

NucFinder connects buyers and suppliers across the global nuclear industry. But who are the buyers? One of the largest buyer groups is the global fleet of operating nuclear power plants. Today, more than 440 reactors are operating around the world. Behind every one of them is a continuous need fo...

The Danish developer, formerly known as Seaborg, plans to file a Regulatory Engagement Plan with the US Nuclear Regulatory Commission in Q1 2027 for its seaMSR-100, while pursuing a dual-hub manufacturing model spanning the United States and South Korea.

KSB says it closed Q2 FY26 with higher sales and a steady order inflow, citing shutdown cooling pumps for the Kaiga Units 5 & 6 nuclear project among several energy-sector awards.

Founder Energy Sdn Bhd has been awarded a subcontract for a 29.99MWac solar photovoltaic project in Kuala Muda, Kedah, under Malaysia’s Corporate Green Power Programme (CGPP). The subcontract, valued at RM6.05 million (approximately USD 1.5 million), involves procurement, electrical and mechanical installation, testing, and commissioning services.

Another major supply chain signal from Rolls-Royce SMR. After announcing that Siemens Energy will manufacture steam turbine components for its first SMRs, Rolls-Royce SMR has unveiled another major step. The company has launched a supplier programme offering up to £1.4 billion in contract opportu...

Amazon, American Electric Power (AEP), and X-energy are collaborating on a project to develop a 12-unit small modular reactor (SMR) plant in Sullivan County, Indiana. The project, if it proceeds, would utilize X-energy's Xe-100 SMRs and aims to provide nearly a gigawatt of carbon-free power.

India and France recently discussed the deployment of European Pressurised Reactor (EPR) technology in India, focusing on localizing the nuclear supply chain and regulatory reforms.

The Central Electricity Authority has published a report detailing a strategy for the indigenization of SCADA systems, which are vital for real-time monitoring and control of electricity generation, transmission, and distribution. The report advocates for a structured institutional framework to advance the development, testing, and funding of these systems, aiming to enhance grid management infrastructure.