Turboatom Wins Large Indian Contract

Turboatom (TATM) beat out competition that included France’s Alstrom to win a tender to modernize equipment at the Indian nuclear power plant Narora, according to General Director Evgeniy Belinskiy. Turboatom developed new turbines with a capacity of more than 1 ths MWt. Inna Perepelytsya: If the reconstruction of this turbine is successful, it might lead to Turboatom securing a deal to modernize nine more turbines in India, which might push the total volume of the contract to more than USD 50 mln.