Rolls-Royce, KOEL ink pact to supply gensets for nuke plants

Image
Press Trust of India Mumbai
Last Updated : Feb 04 2015 | 5:55 PM IST
Power systems provider Rolls-Royce today said it has joined hands with Kirloskar Oil Engines for exclusive cooperation in building and commissioning of emergency gensets for nuclear power plants in the country.
"Rolls-Royce and engine and genset manufacturer Kirloskar Oil Engines (KOEL) have signed a declaration of intent for exclusive cooperation on the building and commissioning of emergency gensets for nuclear power plants in India," a release issued here said.
Under the arrangement, Rolls-Royce will supply MTU engines and key components, and take responsibility for basic engineering and genset configuration, while KOEL, as a main contractor to Nuclear Power Corporation of India (NPCIL), will integrate the systems and assemble and test the gensets on site in the country.
"Working together with KOEL, we see good chances of gaining entry into the emergency genset market for nuclear power stations in India," Rolls-Royce Power Systems Chief Sales Officer Michael Haidinger said.
India is putting its focus on nuclear power to help meet its long-term energy requirements. Prime Minister Narendra Modi has already declared that nuclear power will form a mainstay of the country's power supply, he said.
Commenting on the cooperation, KOEL Executive Director Rajendra Deshpande said, "This will enable us to pool our own experience and expertise as a local supplier with the technological leadership of MTU in the area of nuclear emergency gensets."
KOEL has already delivered 20 emergency gensets to nuclear plants in India and is the only domestic company supplying high capacity gensets to NPCIL.
*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Feb 04 2015 | 5:55 PM IST

Next Story