Kazatomprom IPO With Astana International Financial Center (AIX) Shows Global Appetite For Uranium

Some say nuclear energy is the stepdaughter of the energy industry. Many investors beg to differ. On November 14, Kazatomprom (KAP), the state-owned uranium production company of Kazakhstan made history by becoming the first initial public offering of a large Kazakh company in more than a decade. This is a dramatic finale for two important …

WESTINGHOUSE READY TO FULLY PROVIDE ALL UKRAINIAN NUCLEAR POWER PLANTS WITH NUCLEAR FUEL

Westinghouse (the United States) is ready to fully provide all Ukrainian nuclear power plants (NPP) with nuclear fuel, the press service of the Ministry of Energy and Coal Industry has reported, citing the company representatives during a meeting with Energy Minister Ihor Nasalyk. The company assured about the availability of all the technical and logistic …

EDF restructuring expected as France reduces reliance on nuclear

France is considering restructuring state-owned utility EDF and plans a steady reduction to the country’s reliance on nuclear power, the government said on Tuesday. In a long-awaited speech on energy strategy, President Emmanuel Macron said France would reduce the share of nuclear in the power mix to 50 percent by 2035, down from 75 percent …

Holtec and India’s Maharashtra State Sign an MOU to Localize Manufacturing of Capital Equipment for Nation’s New Nuclear Plants

In a festive signing ceremony in Mumbai on November 21, Maharashtra’s Chief Minister Mr. Devendra Fadnavis hosted the signing of a Memorandum of Understanding (MOU) with Holtec Asia to establish a manufacturing facility that would give India autonomous capability to produce systems and components to support the country’s planned expansion of nuclear generation. While the plant, …

Jaitapur nuclear project: Land acquisition process completed

The land acquisition process for the 9900 MW nuclear power plant in Jaitapur, about 600 kilometres from here, has been completed, Maharashtra Energy Minister Chandrashekhar Bawankule said. In a written reply to a question by Congress MLC Anant Gadgil in the Maharashtra Legislative Council Thursday, Bawankule added the state government was assisting the Centre to …

Russia’s Rosatom to start construction of 7th power unit at Chinese nuclear power plant — RT Business News

The construction of a new power unit at the Tianwan Nuclear Power Plant (NPP) in China will begin in 2021, according to Russia’s state nuclear corporation Rosatom. It’s the biggest joint NPP project between the two nations. Together with the Chinese partners, we have already built four power units at this site and thus have …