The Govt has also approved an exemption to NPCIL to invest more than Rs.500 Cr. and exemption to NTPC to invest more than Rs. 5000 Cr. in a single JV/Subsidiary Company. The Government on September 11, 2024, accorded approval to the Anushakti Vidhyut Nigam Ltd. (ASHVINI), a Joint Venture (JV) of Nuclear Power Corporation of India …
– President Joe Biden’s administration is probing a surge in imports of enriched uranium from China since late 2023 amid concerns the shipments are helping Moscow sidestep a U.S. ban on imports of the power plant fuel from Russia, Reuters has learned. U.S. House lawmakers passed the ban on Russian enriched uranium in December 2023 …
India has envisaged a significantly greater role for nuclear power over the next two decades to ensure the dual challenge of energy security and climate goals is met, Atomic Energy Commission Chairman Ajit Kumar Mohanty has said. Addressing the 68th General Conference of the International Atomic Energy Agency (IAEA) in Vienna on Monday, Mohanty also …
Paladin Energy (ASX:PDN) is facing opposition to its proposed acquisition of Canada’s Fission Uranium (TSX:FCU) from a Chinese backer in the takeover target. The Western Australia-based uranium producer, which has a market capitalisation of $2.8 billion, says CGN Mining Company – a subsidiary of China General Nuclear Power – holds a disclosed interest of 11.26% in Fission and is opposing approval of …
The International Atomic Energy Agency (IAEA) has revised up its annual projections for the expansion of nuclear power for a fourth successive year. World nuclear capacity is now projected to increase by 2.5 times the current capacity by 2050, in the IAEA’s high case scenario, including a significant contribution from small modular reactors (SMRs). The …
FISSION URANIUM CORP . (TSX: FCU) (OTCQX: FCUUF) (” Fission ” or the ” Company “) announced today that the hearing for the final order (the ” Final Order “) approving the previously announced plan of arrangement (the ” Arrangement “) with Paladin Energy Limited (” Paladin “) began before the Supreme Court of British Columbia on September 13, 2024 and will continue on September 26, 2024 . CGN Mining Company Limited (” CGN “), …
The uppermost sections of the steel containment vessels of two nuclear power reactors under construction in China – Sanmen unit 3 in Zhejiang province and Haiyang unit 3 in Shandong province – have been installed, China National Nuclear Corporation announced. The steel containment shell is an important part of the nuclear island reactor building and …
Vladimir Putin’s threat to curb exports of nuclear fuel risks igniting a global supply crunch that could also cut off billions of dollars to the Russian war machine, experts have warned. The Russian president on Wednesday suggested the Kremlin should consider halting supplies of uranium, nickel and titanium to the West in retaliation for sanctions imposed over …
Russian officials and managers are perplexed by President Vladimir Putin’s surprise threat to limit exports of strategic commodities in response to Western sanctions, and wonder if it can be realised without hurting Russia more than the West. Putin made the suggestion 23 minutes into a routine government meeting on Wednesday, asking Prime Minister Mikhail Mishustin to come …
The Nuclear Safety and Security Commission (NSSC) on Thursday granted a construction permit for two new nuclear reactors on the east coast of Korea, eight years after the application was submitted. At its regular meeting, the NSSC approved proposals from Korea Hydro & Nuclear Power (KHNP) to build the Shin-Hanul 3 and 4 reactors in …
