Core Energy Systems and Flowserve Corporation are collaborating to manufacture primary coolant pumps (PCP) for nuclear plants in India. This represents the first technology transfer under Indo-US cooperation requiring CFR 810 approval, culminating after a five-year process.
Nagesh Basarkar, Chairman of CORE Energy Systems, emphasized the strategic importance of this agreement : “This marks the first technology transfer under Indo-US cooperation, requiring CFR 810 approval after a five-year process.” He further highlighted the current supply chain constraints in India, noting that there is presently only one primary coolant pump vendor in the country.
The deal, approved by both countries’ energy departments, supports India’s goal of achieving 100GW nuclear capacity by 2047, up from the current 8.2 gigawatts.