Saturday, 17 October 2026

DEE Development Engineers signed a framework agreement with a domestic EPC contractor to pursue engineering, manufacturing and piping supply opportunities across India's nuclear power sector, including upcoming reactor projects.

The agreement lands as several Indian nuclear programs advance. Technical studies have begun onsite for Kakrapar units 5 and 6, two 700 MWe reactors planned for construction in Gujarat, according to World Nuclear News.

India's Nuclear Fuels Complex is manufacturing steam generator tubes to support the country's fleet-mode construction project, World Nuclear News reported.

India's small modular reactor project has reached a design milestone, according to World Nuclear News.

Aura Energy's bankable feasibility study values the Tiris uranium project in Mauritania at a post-tax net present value of USD 500.3 million, using an 8% real discount rate and a long-term uranium price of USD 90 per pound, according to business-news-today.com.

The study reports a post-tax internal rate of return of 28% and a forecast capital payback period of about 3.2 years from first production.

Aura Energy aims to secure funding and a final investment decision for Tiris by the end of the year, according to kalkinemedia.com. The company's cash balance had fallen by the end of September and covered about two quarters of spending.

Canada-based subsurface engineering firm VZFOX announced plans to enter India, targeting mature-field revitalisation, reservoir optimisation and enhanced oil recovery, according to Financial Express. The company is part of the Government of Canada's Team Canada Trade Mission to India.

Financial Express reported the move comes as India looks to strengthen domestic energy production and reduce its dependence on imported crude. VZFOX's services will also cover injection strategies and field redevelopment.

The firm plans to open an office in Bengaluru with a five-member team by the end of 2026 and expand as business grows, according to Financial Express.

In Saskatchewan, Rafferty Dam was selected for further study as the site for the province's first small modular reactors, according to SaskToday. Estevan city council received more information on the selection at its Oct. 13 meeting.

Work at the proposed Rafferty Dam site could begin in January, according to SaskToday.

Kenya plans to build a 10 MW thermal multipurpose open-pool reactor at Konza, according to the-star.co.ke. The reactor is intended to support cancer diagnosis, treatment and local production of medical isotopes.

The government expects to finance the research reactor through a public-private partnership, which it identifies as a long-term investment, according to kbc.co.ke.

The project remains at the preparatory stage, with decisions on procurement, institutional responsibilities and staffing still pending before the government can move toward selecting a supplier, according to the-star.co.ke.