HEC has signed agreement with OKBM of Russia for transfer of technology for manufacture of components for nuclear power plant at Moscow. The agreement was signed by Rana S Charkravarty, Diector (Marketing) from HEC side and VV Petrunin from OKBM’s side. Avijit Ghosh, CMD, HEC congratulated the HEC team on signing of this important agreement with OKBM.
The Joint Stock Company “I.I. Afrikantov OKB Mechanical Engineering” (Nizhny Novgorod, “Rosatom” State Corporation enterprise) is a pioneer in advanced technologies and know-how and is the leader in the development of nuclear power component power equipment of PHWR (Pressurised Heavy Water Reactor) and VVER (Voda Voda Energo Recator) of 700 MW to 1000 MW capacity. More than 60-year experience in designing and the high scientific, engineering and manufacturing potential allow “Afrikantov OKBM” to successfully solve scientific and technical problems in the process of developing nuclear power plants and equipment meeting the highest safety and reliability requirements.
The HEC is diversifying from its conventional business area of Steel & Mining sector, in to strategic sectors like defence & nuclear energy.
The future business plan of HEC as prepared by Ernst & Young, have put more emphasis on this strategic sector business.
The Government of India has decided to construct 10 nos of 700 MW PHWR nuclear power plant in India. The scope of present agreement covers four major component of 700 MW PHWR i.e. Steam Generator, Calandria, End Shield and Inlet/ Outlet Header. The total business covered under these four items will be to the tune of Rs 20,000 Crores out of total cost of ten reactors to the tune of Rs 36,000 Crores. HEC is targeting anual business of Rs 150-200 crores out of it.
With this perspective, HEC has already entered in to a transfer of technology agreement with CNIITMASH of Russia for manufacture of nuclear & thermal power component and ship shafts.
The HEC team presently visiting Russia will have further discussion with Baltic Ship Yard and Rubin at St Petersburg for technical tie-up on designing propeller shafting for naval ships.