Defense Business and Industry

US and Indian firms sign deal for nuclear pump technology transfer

US-based Flowserve Corporation and India’s CORE Energy Systems Ltd. signed a deal to transfer primary coolant pump technology to India, supporting the country’s ambitious nuclear capacity goal of 100GW by 2047. This agreement, approved by both nations’ energy departments, marks a significant milestone in Indo-US cooperation, as it is the first technology transfer under the US-India 123 Civil Nuclear Agreement. The partnership aims to enhance India’s nuclear supply chain and localize technology, addressing constraints related to existing primary coolant pump vendors. The successful transfer of this technology is expected to facilitate further collaborations and strengthen the defense and energy sectors amid evolving geopolitical dynamics.

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