Bharatbook.com : Indo – US Nuclear Deal and Investments Planned in the Global Nuclear Power Sector

June 29, 2009 - PRLog -- Indo – US Nuclear Deal Prospects for Equipment Suppliers

The total estimated size of the Indian nuclear market is worth more than $ 40 billion up to 2020.
‘Indo – US Nuclear Deal: Prospects for Equipment Suppliers, a new report from leading business information provider, provides insights into the potential opportunities in the Indian nuclear energy industry in the years ahead.

The Indo – US Nuclear Deal to provide enormous opportunities to various nuclear industry players
The Indo – US nuclear deal signed in September 2008 will provide potential opportunities to various players across the nuclear value chain such as uranium mining, equipment manufacturing and reactor technology. Foreign nuclear companies will benefit from India’s huge demand for uranium, nuclear equipment and components and other ancillary sectors due to its potential growth in the future. It examines the different areas that are expected to see growth in the global nuclear business.

( http://www.bharatbook.com/Market-Research-Reports/Indo-US... )

Nuclear to play an increasingly important role in the Indian electricity generation mix
This report provides a deeper understanding of the electricity generation share of nuclear and an analysis of growth rate of nuclear power in India through 2030. Nuclear power currently accounts for only 2.3% of India’s total electricity generation. India is planning to develop nuclear power in order to address its power scarcity issues, reduce its dependency on imported oil and coal. The country has set a target of reaching about 5% nuclear contribution to the country’s total power amounting to 20 GW by 2020 and 63 GW contributing to about 35% by 2030. The Indo – US nuclear deal makes such a high target feasible.

Estimated market potential for key equipment companies in India
Supply of critical equipment components to power plants plays a key role in the timely execution of a nuclear power project. The demand for different equipment components varies from type of reactor, plant capacity and technology used. Understanding the key equipment components required for reactors planned is highly essential in order to tap the potential market demand. This not only ensures proper planning to establish manufacturing capabilities but also enables achieving lower economies of scale. Thus, the key equipment manufacturers, who are the major beneficiaries of the deal, need to have a thorough knowledge of the total demand for each of the equipment components used in different types of plants. The report evaluates the foremarket and aftermarket for various key equipment components such as steam generators, turbines, reactor coolant pumps and channels and reaction control rods.

Uranium mining industry will see significant development
Uranium production, especially mining and milling industry activities are expected to accelerate in the coming years as the demand for fuel is growing with the commissioning of new nuclear power plants in India. Currently, uranium is produced commercially in 19 countries across the globe and the top five countries (Canada, Australia, Kazakhstan, Niger and Russia) together account for around 75% of the total global uranium production. Since India is a net importer of uranium, the producing countries are expected to benefit from the deal. It analyzes the total demand for uranium to meet its existing and planned reactor requirements through 2030.

Developing strategies to enter the Indian nuclear industry is crucial for overseas players
The Indian nuclear industry has been very closed in nature due to the stringent nuclear regulatory regime. However, India’s pressing problems relating to power scarcity, high dependency of coal and imported oil on one hand, and the target of achieving 60 GW by 2030 on the other, paved way for the opening up of this sector to the foreign as well as domestic private participants. Despite the high potential market and the Indian government’s encouragement to increase the share of nuclear power in the country, entering the Indian nuclear market is simple said than done. It provides the analysis on the key areas of potential focus by different equipment and other nuclear players by providing an analysis of the case studies indicating various strategies to enter into this highly regulated market.

Investments in the global nuclear power industry
This report provides detailed information on investments planned by companies across different industry sectors globally to obtain valuable insights to competitors’ actions and activities. India’s nuclear market offers enormous opportunities for the global nuclear equipment suppliers, uranium producers as well as nuclear forging industry and other ancillary sectors. While few other companies are planning to develop the necessary domestic infrastructure, few others are focusing on reactor technology design and development. This has paved way for significant investments across the nuclear industry in the coming years on uranium mining, plant construction and technological development both in the global as well as the domestic nuclear arenas.

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