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Tuesday, 21 Apr 2009
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Swedish nuclear team in India
Tuesday, 21 Apr 2009

The interest in India’s nuclear sector opportunities is growing. An industrial delegation from Sweden is in India currently to discuss potential for participating in the country’s nuclear sector.

The report said that Swedish companies such as Sandvik, Sweco, SKB International Consulting AB, Studsvik, ES-konsult and Relcon Scandpower AB are among those in the country. The delegation led by Mr Lars Olof Lindgren Sweden’s ambassador to India would be meeting Dr Anil Kakodkar chairman of Atomic Energy Commission as well as representatives from Nuclear Power Corporation of India Ltd and private firms such as L&T Ltd and TATA Power.

The Swedish delegation is also open to the idea of investing in the country and partnering with Indian firms in the high-end nuclear solutions side.

Ambassador Lindgren told Business Line that “The delegation is backed by the (Swedish) Government and we are keen to exploit the commercial opportunities arising from potential business engagements. It remains to be seen when the (Indian) nuclear sector is opened up (to private participation). But we are keen to tap the opportunities.”

He said that the Swedish companies that are part of the delegation have a presence in niche areas, including offering engineering and construction services as well as risk management, nuclear-waste disposal management, and research and development.
Main companies

Sweden is among a growing list of countries doing a rethink on nuclear power as a source of energy amid concerns over global warming. The Swedish Government had, in February this year, decided to scrap a three-decade ban on building new nuclear reactors, saying it needs to avoid producing more greenhouse gases.

(Sourced from Business Line)

 

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