logo
RVNL in talks with Russia's Rosatom to build nuclear reactors for its 4 big railway projects

RVNL in talks with Russia's Rosatom to build nuclear reactors for its 4 big railway projects

Indian Express13-06-2025

Rail Vikas Nigam Ltd (RVNL), a public sector undertaking (PSU) of the Ministry of Railways, is in discussion with Russia's state-owned atomic energy company Rosatom to build Small Modular Reactors (SMRs) to fulfill the energy requirements of its four ongoing mega projects, including the Rishikesh-Karnaprayag line.
A senior RVNL official said that a meeting was held on Thursday with the Russian company in this regard. He further said that push towards nuclear energy is part of this year's Budget announcement to develop SMRs to reduce dependency on fossil fuels and Indian Railways' target to achieve net-zero by 2030.
SMRs are advanced nuclear reactors with a power capacity of up to 300 MW per unit and require less area for installation. The official said SMRs are also part of RVNL's plan to expand its interest and work in the energy sector.
'The process is very much at preliminary stage. We held a detailed meeting with Rosatom on Thursday. Some senior officials from the Russian Embassy were also present in the meeting. They have put up a proposal to build nuclear reactor of 55 MW. We have asked them to provide cost analysis in comparison to existing system of electricity supply for Railway traction. Rosatom will also submit logistical details, timeline, etc. The Russian company is among the leaders for SMRs. Because of this, RVNL initiated the dialogue with Rosatom,' said the official quoted above.
The official added that a total of four projects has been identified for electricity supply by SMRs.
'If everything works out, we have decided to build SMRs for the Rishikesh-Karnaprayag line, Bhanupali-Bilaspur railway line, Yavatmal-Nanded railway line and Indore-Budni Railway line. Under the existing system, we have to build many substations and lay transmission lines for the operation of trains. It involves a significant expenditure per project. If the SMRs will be built for this purpose, the preliminary analysis shows that it will save cost and provide green energy,' said the official.
Rosatom has proposed to build a total of eight SMRs of 55 MW each for these four Railway project.
'These four projects have been identified on the basis that they are new line project and comparatively larger projects. Rishikesh-Karnaprayag line is of strategic importance. It will take an area of 15 acres for a single reactor, which is much less than the larger nuclear reactor. Also it will not have any impact in the area which falls in seismic zone such as Rishikesh project,' said the official.
Union Budget 2025-26 launched a Nuclear Energy Mission, which is focused on research and development (R&D) of Small Modular Reactors (SMRs). The government has allocated Rs. 20,000 crore for this initiative, aiming to develop at least five indigenously designed and operational SMRs by 2033. The government has set an ambitious target of 100 GW nuclear power capacity by 2047, positioning nuclear energy as a major pillar in India's energy mix.
Indian Railways have also shown interest in Nuclear Power Corporation of India Limited (NPCIL)'s bid to develop Bharat Small Reactors (BSRs), which is 220 MW Pressurized Heavy Water Reactors (PHWRs) with a proven safety and performance record.
Dheeraj Mishra is a Principal correspondent with The Indian Express, Business Bureau. He covers India's two key ministries- Ministry of Railways and Ministry of Road Transport & Highways. He frequently uses the Right to Information (RTI) Act for his stories, which have resulted in many impactful reports. ... Read More

Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

Iran Turns To China For J-10C ‘Vigorous Dragon' As Israel Cripples Its Fighter Fleet In 12-Day War
Iran Turns To China For J-10C ‘Vigorous Dragon' As Israel Cripples Its Fighter Fleet In 12-Day War

Time of India

time14 minutes ago

  • Time of India

Iran Turns To China For J-10C ‘Vigorous Dragon' As Israel Cripples Its Fighter Fleet In 12-Day War

Iran is pivoting toward China to modernize its aging air force after a failed Russian fighter jet deal. Following a devastating conflict with Israel, Tehran is accelerating talks to acquire 36 Chengdu J-10C jets. This shift highlights China's rising influence in the Middle East arms market and exposes Iran's vulnerabilities in air defense and logistics. Though the J-10C offers advanced technology and affordability, Iran faces significant challenges integrating the jets due to infrastructure, training, and dependency on Chinese systems. Regional rivals like Israel and Gulf states may escalate military acquisitions in response.#IranChinaDeal #MiddleEastTensions #AirPowerShift #MilitaryStrategy #Geopolitics #DefenseNews #GlobalSecurity #J10C #ChengduJ10C #FighterJets #AirForceModernization #IranIsraelConflict #PersianGulfCrisis #IranAirForce #IDFStrikes Read More

Mukesh Ambani makes BIG plan with Russia! will stun US and China, will buy stake in…, Gautam Adani declines offer due to…
Mukesh Ambani makes BIG plan with Russia! will stun US and China, will buy stake in…, Gautam Adani declines offer due to…

India.com

time15 minutes ago

  • India.com

Mukesh Ambani makes BIG plan with Russia! will stun US and China, will buy stake in…, Gautam Adani declines offer due to…

Mukesh Ambani and Gautam Adani (File) Mukesh Ambani is preparing for a major deal that can surprise not just India but also major countries like the US and China. According to a report by the Economic Times , the discussions are still in the early stages. Russian oil giant PJSC Rosneft Oil Company is in early talks with Reliance Industries for sale of its 49.13 per cent stake in Nayara Energy, which operates a 20-million tonnes-a-year oil refinery and 6,750 petrol pumps in India, reported PTI. Why Is Russian Company Selling Stake To Reliance? Rosneft is selling this stake because sanctions imposed by Western countries have made it difficult for them to withdraw money from India. On the other hand, Ambani wants to capitalize on this opportunity to further strengthen India's position in the oil sector. This deal has the potential to transform the global oil game, which is why countries like the US and China are closely monitoring it. Reliance In Talks With Russia's Rosneft Reliance has held preliminary talks for acquisition of Nayara, which will help it overtake state-owned Indian Oil Corporation (IOC) to become India's No.1 oil refiner as well as give a meaningful presence in the fuel marketing space. But the talks are at preliminary stage and there is no guarantee that they may lead to a definite deal as valuation remains a sticky ground, three sources with direct knowledge of the matter said. Top Rosneft officials have visited India at least thrice in the last one year, including visits to Ahmedabad and Mumbai, for talks with potential investors. For Rosneft, which is looking to exit from Nayara due to western sanctions limiting its ability to repatriate full earnings from India operations, a potential buyer could be one who has substantial earnings overseas or is an international company – both of which could make quick overseas payouts for the stake. Why Gautam Adani Declined Offer? The stake of Rosneft and UCP was offered to Reliance Industries, Adani Group, Saudi Aramco and state-owned ONGC/IOC combine among others. But the USD 20-billion valuation that Rosneft had put for Nayara was considered too steep a price by almost every potential investor. Adani Group politely declined the offer to invest in an oil refinery, which is considered a sunset business given the energy transition planned worldwide. Besides the asking price being too high, the conglomerate's understanding with French energy giant TotalEnergies, with whom it has stitched multi-billion dollar partnership in city gas and renewable energy space, also came in the way of investing in Nayara, the sources said, adding Adani had in its deal with TotalEnergies agreed to limit future investments in fossil fuel space to only natural gas. (With Inputs From PTI)

Russia tries again to boost LNG exports stalled by US sanctions last year
Russia tries again to boost LNG exports stalled by US sanctions last year

Business Standard

time37 minutes ago

  • Business Standard

Russia tries again to boost LNG exports stalled by US sanctions last year

Russia has the pieces in place to meaningfully boost LNG exports as it expands its shadow fleet Bloomberg Russia is taking another crack at expanding exports of liquefied natural gas after US sanctions stalled efforts last year. An LNG vessel has docked and then left the Arctic LNG 2 export facility for the first time since October, according to ship-tracking data compiled by Bloomberg and satellite images. The facility was supposed to be a cornerstone of Moscow's goal to triple LNG exports by 2030, but has been idle for months after struggling to find buyers willing to break Western restrictions. Russia has the pieces in place to meaningfully boost LNG exports as it expands its shadow fleet. Since the 2022 invasion of Ukraine, Russian gas pipeline exports to Europe have dwindled, and shipping more fuel via seaborne LNG tankers provides an attractive revenue stream to fill Moscow's coffers. Shadow fleet At least 13 ships, including those that can navigate icy waters, have been marshaled to potentially service Arctic LNG 2, with some changing management companies several times to help obfuscate the actual owners. According to ship-tracking data compiled by Bloomberg they include: Four ice-class vessels that can navigate the frozen waters around Arctic LNG 2. Three are currently idled in the Barents Sea, while another is the tanker currently docked at Arctic LNG 2 Three more traditional LNG vessels are in the Barents sea Two vessels are under repair in China, with another that appears to be on the way One vessel near a floating storage in Russia's Far East Two vessels are idled in the the Gulf of Finland. They had served another Russian facility called Portovaya, which was sanctioned by the US in January 'Russia does have more vessels at its disposal compared to the summer/fall of 2024,' Malte Humpert, founder of the Arctic Institute, a Washington-based think-tank, said in an email. 'If it can find buyers, this small fleet should be sufficient to lift cargoes.' Eight shipments were exported from Arctic LNG 2 between August and October 2024, but never docked on foreign shores. Instead, the gas was offloaded into two Russian storage units in the Barents Sea and its Far East region. Large-scale production halted in October after ice built up around the facility and made transport by traditional vessels challenging. Russia's first domestically built ice-class LNG tanker may come online in the second half of this year if it passes remaining sea trials, Interfax reported Wednesday, citing Sovcomflot Chief Executive Officer Igor Tonkovidov. Willing buyers? Now, the market will be closely monitoring whether Arctic LNG 2 can find willing buyers. Exporting more would be a boon for consumers, as it would put pressure on global gas prices. The Biden administration was diligent in sanctioning ships and companies connected with exporting fuel from Arctic LNG 2 last year. It isn't clear if the Trump administration will be as strict, or if the government will slap restrictions on ports that accept the fuel. The threat of retaliation from the US kept buyers at bay last year. Officials related to the Arctic LNG 2 joint venture have never stopped trying to sell the fuel, traveling to potential buyers in India and China over the last year, according to traders with knowledge of the matter. However, it isn't clear if they have been able to secure any sales. 'The biggest obstacle remains finding a buyer and shipping capacity,' Jan-Eric Fahnrich, a senior analyst at Rystad Energy, said by email. 'They will then circle around looking for buyers in Asia and Novatek will offer a discount.' Majority shareholder Novatek PJSC and the operating venture Arctic LNG 2 did not respond to emails seeking comment. Iris, the tanker that recently left Arctic LNG 2, is now heading toward the northern port of Murmansk, according to ship-tracking data. The vessel could be traveling there to offload fuel into a nearby floating storage unit or another vessel in a ship-to-ship transfer. It's not immediately clear if any LNG was loaded on the vessel. The tanker's draft level — which the crew inputs manually — didn't change after leaving the plant, the data shows, signaling it may not have loaded LNG cargo. The Iris is expected to reach Murmansk on July 1, according to the data. 'The fact that more than one million cubic meters of LNG loaded last year remains unsold, and in floating storage, does not bode well for renewed attempts to market additional volumes this summer,' said the Arctic Institute's Humpert. 'China would appear to be the most likely candidate, but with consistently declining Chinese demand for the past eight months this won't be an easy task.' Iris is also a so-called Arc4 vessel, with a reinforced hull that allows it to navigate icy waters. That would allow the ship to take the shorter Arctic route to Asia when conditions allow in the summer. Loading vessels at Arctic LNG 2 could also be necessary to ease brimming gas tanks. Satellite images taken June 25 indicate that two production trains at the facility are flaring, which indicates they could be operating or cooling down equipment. Without steady exports, the plant's storage will quickly fill up, and lack of space was one of the reasons why Arctic LNG 2 stopped large-scale production in October. Meanwhile, traders will wait to see if US or European officials further tighten restrictions on the facility as exports resume. 'Now is the time for increased pressure' on Russia's energy revenues, said Geoffrey Pyatt, distinguished fellow at the Atlantic Council Global Energy Center and a former US assistant secretary of state who helped craft Arctic LNG 2 sanctions under the Biden administration. 'European leaders have expressed new determination to end all imports of Russian gas, making it even more important that the United States maintains our pressure on Novatek.'

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store