Key Points
MUMBAI: State-run Indian Oil Corporation Ltd is in preliminary talks with atomic power monopoly to build small nuclear units, an early-stage technology seen as a cost-effective alternative to larger plants...
The refiner and fuel retailer is exploring a partnership with state-controlled Nuclear Power Corporation of India Ltd to use small modular reactors, or SMRs, in its refineries for clean power, Alok Sharma, Indian Oil's director for R&D, said at a conference in New Delhi Wednesday...
As several bigger projects face delays, policymakers are promoting small-scale nuclear technology with a capacity of up to 300 MW, which is quicker to build and easier to adjust to the requirements of the grid..
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