Already SWECO is a consultant to Engineers India for the construction of an underground crude oil storage facility in Visakhapatnam awarded by Indian Strategic Petroleum Reserves Ltd.
“Even after main usage, radiation continues for the first 25 years and requires an intermediate storage and a final repository later,” said Engineers India’s senior executive. “We have been in touch with the department of atomic energy and plan to ask them for the preparation of preliminary feasibility report. For this exercise, we will need the help of SWECO as they are constructing such facilities in Sweden.”
“We may form a non-commercial tripartite agreement with SWECO and SKB once we get a go-ahead from department of atomic energy,” Engineers India’s senior executive said.
As per KPMG’s India Energy Outlook report, India’s department of atomic energy plans to construct 250,000 MW of nuclear capacity by 2050.
“We are now looking at other opportunities with EIL. We plan to construct underground rock caverns with EIL for storing nuclear waste and tools. We see it as a logical extension,” said Gosta Ericson, country manager, India, for SWECO.