GE Steam Turbine Deal

GE Steam Power is signing a $165m contract with Bharat Heavy Electricals Limited (BHEL) for the supply of three nuclear steam turbines out of six units for Phase 1 of the Nuclear Power Corporation of India Ltd. (NPCIL) Domestic Nuclear Program being developed at Gorakhpur, Haryana (units - 1 to 4 (GHAVP)) and Kaiga (Kaiga-5&6) Karnataka, India.

This domestic program includes 12 units of 700 MWe being developed by NPCIL with their own nuclear reactor technology i.e., Pressurized Heavy Water Reactors (PHWR). In total, it will represent 8.4GW of electricity for the country, enough to power more than 14 million homes.

In 2018, GE and BHEL had signed a business cooperation agreement and a License and Technology Transfer Agreement to enable them to manufacture nuclear steam turbines of 700 MW.