Russia introduces a plasma electric rocket engine that could revolutionize space travel, potentially reducing Mars mission duration to 30-60 days, making space exploration faster, fuel-efficient, and safer.
The new nuclear power plants will reportedly be built by BHEL and Power Mech.
Besides, the group is keen on exploring possibilities in the areas of nuclear medicine, radiation technologies and energy storage.
Unlike the UTVS fuel model, which was supplied to Kudankulam NPP earlier, the TVS-2M fuel assemblies have a number of advantages making them more reliable and cost-efficient
The project has been marred by controversies that led to delays and cost escalation.
Angelov referred to the 2014 Strategic Vision for Strengthening Cooperation in Peaceful Uses of Atomic Energy between India and Russia wherein the two countries had decided on setting up of 12 units over the next two decades.
Walchandnagar Industries is exploring opportunities to form joint venture with Russian companies Atomenergomash and Atomstroyexport in the nuclear power space. The JVs will aim to explore and evaluate various business opportunities to manufacture and supply components for nuclear power projects.
In an interview with CNBC-TV18, JL Deshmukh, managing director & CEO, Walchandnagar Industries, spoke about the latest happenings in his company.