Is India has any plans like this?

[Lankan Ranger]

Is India has any plans like this?

South Korea aims for top 3 position in nuclear reactor exports

South Korea on Wednesday unveiled a plan to become the world's third largest exporter of nuclear reactors in 2030, seeking to create nearly 1 million jobs and earn 16 trillion won (US$13.9 billion).

The "Nu-Tech 2030" plan aims to expand the country's global market share of nuclear reactors to 20 per cent. Seoul exported its first and thus far only nuclear power plant to the United Arab Emirates in 2009.

The move comes as the first phase of the Nu-Tech 2012 plan will be completed late next year, under which Seoul will develop three key nuclear technologies -- a man-machine interface system, reactor designs and a reactor coolant pump -- that can give the country its first indigenous nuclear reactor. At present, South Korean-made reactors are built using foreign technology and components in a few key areas.

"To make sure our nuclear reactors are most sought after in the global market, we will develop a safe and reliable system with the best performance, and thus become the world's third largest nuclear energy operator following the United States and France in the target year," the Ministry of Knowledge Economy said in a press release.

South Korea is currently in the process of developing a new "advanced power reactor" by late next year. Under Nu-Tech 2030, the country will develop another reactor named the "Innovative, Passive, Optimized, Worldwide Economical Reactor," or I-Power.

"Under this roadmap, the safety of our nuclear reactors will be strengthened to 100 times the levels recommended by the International Atomic Energy Agency," the ministry said.

Korea aims for top 3 position in nuclear reactor exports - LANKA BUSINESS ONLINE

 

[Vibs]

Yes it does.
India may soon export nuclear reactors: US report - India News - IBNLive
Washington: India could soon join a select group of countries like US, China and France which export nuclear reactors, a Congressional report has said.
"Only Canada, China, France, Japan, Russia, South Korea, and the United States export nuclear reactors. India may join this group in the near term," the Congressional Research Service (CRS) said in its latest report 'Nuclear Energy Cooperation with Foreign Countries Issue for Congress.'
CRS is the independent and bipartisan research wing of the US Congress, which prepares periodic report on issues of interest to the lawmakers.

According to World Nuclear Association, India is offering its indigenous 220 and 540 megawatt heavy water reactor designs for export, although no specific customers have been identified.
The CRS report said only a limited number of countries conduct commercial enrichment and reprocessing of fissile materials and can supply this technology.
At present, supplier states are not planning any transfers of enrichment or reprocessing technology. The Nuclear Suppliers Group recently added criteria to its guidelines for the supply of fuel cycle technologies.
"Commercial reprocessing is now being done in France, the United Kingdom, Russia, Japan, and India."
China has a pilot plant and is "considering a large-scale facility. South Korea is pursuing a research and development program on pyro-processing," the report said.
"Some countries with few natural energy resources, such as Japan, argue that they want to reprocess their spent fuel to reduce dependence on foreign energy sources. Reprocessing proponents in those countries prefer a closed fuel cycle, in which spent nuclear fuel from reactors is used to make fuel for other reactors; opponents raise questions about proliferation risks and high economic costs," it said.
US nuclear cooperation agreements with foreign countries are also designed is to help promote growth in the American nuclear industry by facilitating US nuclear exports.
US exports of nuclear plant components, equipment, fuel, and technology have held steady at modest levels since the mid-1990s and comprise a decreasing share of the global market, it said. Such exports require nuclear cooperation agreements.
"That downward trend could be altered by new, higher-efficiency uranium enrichment plants currently planned in the United States and by new US contracts to supply reactor technology and components in China and elsewhere," it said.
"Recent plans for nuclear power expansion around the world, particularly in China and India, could lead to future growth in US nuclear reactor exports. A consortium led by Westinghouse signed a contract with Chinese nuclear firms on July 24, 2007, to supply four AP1000 reactors to Westinghouse's newest design at a cost estimated at $8 billion," the report said, adding that India has announced plans for up to 12 US nuclear reactors at two sites, although no contract has been signed.
The CRS said France and Russia are discussing with India means of resolving their concerns about that country's liability law, which was adopted in August 2010 and, according to many observers, is inconsistent with the CSC.
However, according to a Nuclear Energy Agency analysis, Russian and French companies could, in the event of a nuclear accident, still be less exposed to lawsuits than US companies because Moscow and Paris would be in a "more powerful position to negotiate a settlement with the Indian government than a private supplier may be."
Additionally, suppliers are more likely to be subject to class action lawsuits in the United States than would suppliers in Russia or France, the CRS argued.

 

[baker]

u really need to start new thread for this........

 

[luckyyy]

Is India has any plans like this?

where india comes into the article ?

 

[ali.jishan786]

being a larger nuclear energy operator had its own risks..............can't forget FUKISHAMA

 

[Birbal]

Obviously trolling title...

 

[luckyyy]

Obviously trolling title...

the pdf can't even servive day without been obsessed with india...

 

[vijayjha]

heading is grammatically incorrect it should be "does india......?"
Please correct
it doesn't look good

 

[Rajaraja Chola]

But india has to join NSG for it which in turn we have to sign NPT Which india wont join....
They should get a waiver for it if they wish to export without signing NPT....

 

[JayAtl]

Yes Lankan ranger, the answer is Yes- only if as you put " business mainded " people do it covertly as they do it in Sri Lanka...

 

[The enlightened]

First correct the heading to "Does India have any plans like this"

 

[illuminatidinesh]

First correct the heading to "Does India have any plans like this"

What did U expect from him? he is journo by the way.