Sheffied has signed a joint venture pact with BHEL

As a beginning, UK’s industrial major Sheffied has signed a joint venture pact with Bharat Heavy Electricals Ltd (BHEL) to make forging equipment not only to cater to the needs of nuclear industries from India and the UK but also the global market. Besides, Hindustran Construction Company has inked MoU with Amec plc for consulting services for fabrication of nuclear plants. UK’s Nuvia, which is the nuclear specialist, covering both civilian and defence sectors, across the complete lifecycle from New Build, through Operations and Maintenance, to final decommissioning and waste disposal, has joined hands with Punj Lloyd.

Lady Judge, former chairman of UK Atomic Energy Authority and business ambassador told Business Standard “BHEL chairman has offered to set up a working group to finetune JV arrangement in order to global assignments.” She informed that India’s engineering giant L&T has tied up with Rolls Royce to work in the field of instrumentation control. Moreover, Serco, which offers operational, management and consulting expertise in nuclear sector, plans to increase its presence in India’s nuclear sector. Undoubtedly, India is leading the present nuclear renaissance and industries from the UK and India will have amply opportunities of mutual benefits. She said Indian and UK universities and educational institutions are currently spending 1.4 sterling each on research and training in the nuclear sector.

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http://www.business-standard.com/india/news/uk-companies-eye-tie-upsindian-nuclear-businesses/426207/